Question

Seth bought a used car that had been driven 20,000 niles. After he owned the car for 2 years, the total nileage of the car was 49,400 . Find the average aumber of miles he drove each month during those 2 years.

          Seth bought a used car that had been driven 20,000 niles. After he owned the car for 2 years, the total nileage of the car was 49,400 . Find the average aumber of miles he drove each month during those 2 years.
        

Added by John C.

Elementary and Intermediate Algebra
Elementary and Intermediate Algebra
Alan S. Tussy, R. David Gustafson 5th Edition
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Seth bought a used car that had been driven 20,000 niles. After he owned the car for 2 years, the total nileage of the car was 49,400 . Find the average aumber of miles he drove each month during those 2 years.
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Transcript

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00:19 For this exercise, we have a principle equal to 65 ,000.
00:24 We also know that the rate of depreciation is 8%.
00:30 And we want to know how much the card will be worth when t equals two years...
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