Car value
The car loses value by 15% every year.
Determine a time (in years) when its price will halve.
Determine a time (in years) when its price will halve.
Correct answer:
Tips for related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you want to convert time units like minutes to seconds?
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
Units of physical quantities:
Grade of the word problem:
Related math problems and questions:
- The enrolment 2
The enrolment at a school has increased from 1400 learners to 1600 learners over 5 years. What is the percentage increase in enrolment? - Compound interest
Joel borrowed $3208.5 on November 2, 2021, at 3.6% p.a. How many days would it take for him to repay the loan if he made a payment of $ 3,720.34? Round up to the nearest day. - The sum 41
The sum of 640.00 was deposited in the first bank for five years, and the interest given was 160.00. Find the rate. - Exp decay
An element with a mass of 780 grams decays by 16.3% per minute. How much of the element is remaining after 16 minutes, to the nearest 10th of a gram? - The balance 2
If your balance at the end of 4 years is 50000, at a 5% interest rate, What was your original investment? - Deposit for house
The current house price is $300000, with prices increasing by 3% yearly. A buyer wishes to purchase the house in 5 years. The bank requires a 10%deposit on the price of the house in order to grant a loan. How much would the buyer need to deposit each quar - A town
A town has a population of 18000 and grows by 2% every year. What will be the population after 11 years, to the nearest whole number? - MP3 player
Mary plans to buy a new MP3 player for 90 USD. And every month, the amount he saved in the previous month doubles. If she saves 3 USD in the first month, how many months will Mary save enough to buy an MP3 player? - Dream home
You finally found your dream home. It sells for $120,000 and can be purchased by paying 10% down and financing the balance at an annual rate of 9.6% compounded monthly. a) How much are your payments if you pay monthly for 30 years? b) Determine how much w - Double of principal
How long will it take for the principal to double at 12.25% annual interest? - Finite geometric sequence
Find the remaining unknown characteristics in the finite geometric sequence, if given: a1 = 18, an = 13122, sn = 19674, n =? q =? - Insert
Insert five numbers between 8 and 27 such numbers that, with two given ones, they form the first seven members of the geometric sequence. - Maturity value
IKEA Furniture can purchase furniture with a three-year simple interest loan at 8% interest per year. What is the maturity value of a 3500 loan? - Annual growth
The population has grown from 25,000 to 33,600 in 10 years. Calculate what the average annual population growth in% was. - If you 4
If you deposit $2500 in an account paying 11% annual interest compounded quarterly, how long until there is the $4500 in the account? - If you 2
If you deposit $4000 into an account paying 9% annual interest compounded monthly, how long until there is $10000 in the account? - Semiannually compound interest
If you deposit $ 5,000 into an account paying 8.25% annual interest compounded semiannually, how long until there is $9350 in the account?