23000-0.07*t*23000 = 3000
23000 - 1610t = 3000
-1610t = 3000-23000 = -20000
t = 12.42 Years.
Jason uses his car for his job. He is allowed to depreciate the car 7% per year. IF the car was worth $23,000 new, in about how many years will the car be worth $3,000?
1 answer