Luke purchased an automobile for $5000 and the value of the automobile decreases by 20% each year. How many years from the date of purchase will the value of the automobile be $3200 ?

Thank you.

Printable View

- Apr 8th 2010, 07:02 PMsahipGeometric Sequence
Luke purchased an automobile for $5000 and the value of the automobile decreases by 20% each year. How many years from the date of purchase will the value of the automobile be $3200 ?

Thank you. - Apr 8th 2010, 07:28 PMskeeter