A family buys a car for $20000. The value of the car decrease about 20% each year. After 6 years,the family decides to sell the car . Should the sell it for $40000?
2 answers
Good heavens, yes! If they can get double what they paid for the car, go for it!
The number of students enrolled at a college is 15,000 and grows 4% each year.
What will be the enrollment after 25 years?
What will be the enrollment after 25 years?
2 answers