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Mathematics, 19.03.2021 18:30 ICAMARON632

7. You are planning to buy a car in 2024 after you graduate. You would like a Camaro that costs
$20,000. Your friend is discouraging you from making
this purchase because the value of the car will
depreciate 6% each year. Let x write the number of
years after 2024. How much will the car be worth in
2031? (Round your answer to the nearest dollar.)
(F. IF.2)
A. $8,982
B. $12,970
C. $30,073
D. $32

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