3 Questions
Based on the given information, what is the annual depreciation rate of Nina's car?
7%
If Nina bought the car when it was 6 years old for $12,000, how old is the car now?
9 years
What was the current value of the car when Nina bought it for $12,000?
$10,000
Test your math skills with this quiz on exponential depreciation! Calculate the original price of Nina's car based on its current value and depreciation rate. Challenge yourself and see if you can solve this problem!
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