Shantaria
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A new car worth $25,000 is depreciating (loses value) in value by $1,250 per year. Determine how many years will it take for the car to be worth $8,500?

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hamzaafzal012

Answer:

About 13 years

Step-by-step explanation:

Every year loses = $1250

Actual Price = $25000

Required worth  = $8500

Worth that should be lost  = Actual Price -Required worth

                      =  $25000 - $8500

                      = $16500

Years took to lost $16500 worth = $16500 / $1250

                               = 13.2 years

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