A car depreciates by an average of 12% annually. The purchase price of the car was $⁢65,223 To determine the number of years it will take the car to reach a value of $⁢39,113.93 , solve the equation 39 comma 113 point 9 3 is equal to 65 comma 223 times open paren 1 minus 0 point 1 2 close paren to the x th power Round to the nearest whole number if necessary.