A car is purchased for $31,000. Each year it loses 30% of its value. After how many years will the car be worth $9700 or less? (Use the calculator provided if necessary.) Write the smallest possible whole number answer. years X

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
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ISBN:9781337117005
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter2: Using Financial Statements And Budgets
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ALEKS- Harley Biltoc - Learn
O Exponential and Logarithmic Functions
Finding the time to reach a limit in a word problem on exponential growt...
years
A car is purchased for $31,000. Each year it loses 30% of its value. After how many years will the car be worth $9700 or less? (Use the calculator provided if
necessary.)
Write the smallest possible whole number answer.
Explanation
Check
X
myPascoConnect
S
15
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Transcribed Image Text:ALEKS- Harley Biltoc - Learn O Exponential and Logarithmic Functions Finding the time to reach a limit in a word problem on exponential growt... years A car is purchased for $31,000. Each year it loses 30% of its value. After how many years will the car be worth $9700 or less? (Use the calculator provided if necessary.) Write the smallest possible whole number answer. Explanation Check X myPascoConnect S 15 © 2023 McGraw Hill LLC. All Rights Reserved Terms of Use Privacy Center Ha
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