A car was valued at $26,000 in the year 1994. The value

Last updated: 7/14/2022

A car was valued at $26,000 in the year 1994. The value depreciated to $14,000 by the year 2008. A) What was the annual rate of change between 1994 and 2008? TR Round the rate of decrease to 4 decimal places. B) What is the correct answer to part A written in percentage form? T= 96. C) Assume that the car value continues to drop by the same percentage. What will the value be in the year 2012? Round to the nearest 50 dollars. value $ 20,150 = Question Help: Video Submit Question