Gary bought a car for $40,000. If V = 40,000(.85)t represents the value of the car after t years, how long will it take the car to be worth less than one-fourth of its purchase price? ...?
9 years
Years Value
1 34000
2 28900
3 24565
4 20880.25
5 17748.2125
6 15085.980625
7 12823.08353125
8 10899.6210015625
9 9264.6778513281
10 7874.9761736289
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