4
QuizMultiple Choice

Base e — Unit test

Question 4 • LCSD-CR-Mathematics for College Algebra-S2-1200710

An equation for the depreciation of a car is given by y = A(1 – r)t , where y = current value of the car, A = original cost, r = rate of depreciation, and t = time, in years. The value of a car is half what it originally cost. The rate of depreciation is 10%. Approximately how old is the car?

Answer
A
3.3 years
B
5.0 years
C
5.6 years
D
6.6 years
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An equation for the depreciation of a car is…