Question:

A new car is purchased for $30,000 and over time its value

Last updated: 8/9/2022

A new car is purchased for $30,000 and over time its value

A new car is purchased for $30,000 and over time its value depreciates by one half every 6 years. How long, to the nearest tenth of a year, would it take for the value of the car to be $3,500?