For all your questions, big or small, IDNLearn.com has the answers you need. Whether your question is simple or complex, our community is here to provide detailed and trustworthy answers quickly and effectively.

The annual rate of depreciation, x, on a car that was purchased for $9,000 and is worth $4,500 after 5 years can be found using the following equation:

log (1 minus x) = one-fifth log (startFraction 4500 Over 9000)

Graph a system of equations to approximate the value of x, the rate of depreciation. Give your answer as a percent.

about 4%

about 13%

about 1.2%

cannot be determined