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You purchase a car for $16,000. The car's value depreciates 12% for each year of ownership. After how many years of ownership is the value of the car about $14,000?
A) 1 year
B) 2 years
C) 3 years
D) 4 years

You purchase a car for 16000 The cars value depreciates 12 for each year of ownership After how many years of ownership is the value of the car about 14000 A 1 class=

Respuesta :

after 1 year the cars worth would be about 14000 so the answer would be A

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