A new car is purchased for $44,000$44,000 and over time its value depreciates by one half every 5.5 years.

A new car is purchased for $44,000$44,000 and over time its value depreciates by one half every 5.5 years. What is the value of the car 3 years after it was purchased, to the nearest hundred dollars?

Leave a Reply

Your email address will not be published.