Jerome purchased a 4-year old car for $12,000. He was told this make a model depreciates exponentially at a rate of 5.7% each year. What was the original price to the nearest hundred dollars?
Group of answer choices

$19,300

$15,200

$12,500

$17,500

Question

02-06-2021
Mathematics

Answered

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Jerome purchased a 4-year old car for $12,000. He was told this make a model depreciates exponentially at a rate of 5.7% each year. What was the original price to the nearest hundred dollars?
Group of answer choices

$19,300

$15,200

$12,500

$17,500

Sagot :

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