Question: A car was valued at $ 4 5 , 0 0 0 in the year 1 9 9 5 . The value depreciated to $

A car was valued at $45,000 in the year 1995. The value depreciated to $11,000 by the year 2006.
A) What was the annual rate of change between 1995 and 2006?
r= Round the rate of decrease to 4 decimal places.
B) What is the correct answer to part A written in percentage form?
r=%.
C) Assume that the car value continues to drop by the same percentage. What will the value be in the year 2010?
value =$ Round to the nearest 50 dollars.
 A car was valued at $45,000 in the year 1995. The

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