A) A car is purchased for $30000 and is depreciating at a rate of 12% per year. Write an equation to represent this situation.
b) What is the car worth in 10 years?
c) How many years does it take for the car to be worth $1000

or

the answer is:

the correct option:

b.

to solve the problem, we need to remember how to operate to simplify exponential expressions using the logarithms.

we are given the equation:

then, using placing logarith with base 7 on both sides of the equation, we have:

so, rounding the obtained result to two decimal places (nearest hundreth), we have:

hence, we have that the correct option:

b.

have a nice day!

step-by-step explanation: