15
QuizMultiple Choice

Logarithmic Functions — Test

Question 15 • CMS 2026-2027 NC Math 4 INITIAL CREDIT

An equation for the depreciation of a car is given by y is equal to cap A times open paren 1 minus r close paren to the t th power , where y is equal to current value of the car, cap A is equal to original cost, r is equal to rate of depreciation, and t is equal to time, in years. The value of a car is half what it originally cost. The rate of depreciation is 10 percent Approximately how old is the car?

Answer
A
5 point 6 years
B
3 point 3 years
C
5 point 0 years
D
6 point 6 years
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