Question: I need help with this question a step by step explanation would be greatly appreciated! 5) The value of a new minivan drops 40% after

I need help with this question a step by step explanation would be greatly appreciated!

5) The value of a new minivan drops 40% after the first year, and then decreases exponentially at a rate of 12% per year after that. When will a minivan that cost $35000 new be worth less than $10000

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