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
He travels 30000 miles per year, and each gallon lets him travel 16 miles. Divide 30000 by 16 to get the amount of gas he uses in a year, which amounts to 187.5 gallons of gas.
