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:
- Depreciated 37171
The initial price of the machine is 23,000 euros. Every year, 12% of its cost is depreciated due to wear and tear. What value will the machine have after six years? - Depreciation 5990
The price of the car was € 15,000. What will be the price of a car with an annual depreciation of 1% in 8 years? - Machine
The price of the new machine is € 65000. The 12% of residual value is depreciated every year. What will the value of the machine be after 2 years? - Depreciated 37521 The machine's initial price is 12000 euros. Wear and tear depreciates 21% of its price yearly. What value will the machine have after five years?
- The cost 15
The cost of a machine depreciates every year by 10% of its cost at the beginning of the year. If the present cost of the machine is USD 10000, find its cost after 2 years. - Depreciate 6413
The company bought a new machine for CZK 350,000. Due to wear and tear, its price will decrease by 10% annually. The machine can be written off if its price drops below 30% due to wear and tear. Determine how many years the company can depreciate the mach - Radioactive material
A radioactive material loses 10% of its mass each year. What proportion will be left there after n=6 years?
