Applications of Logarithmic Functions

Practice: Applications of Logarithmic Functions

A car depreciates in value by 5% annually the moment it is driven off the lot. Geraldine buys a brand new Tesla for $50,000\$50,000 (there was a killer sale going on!) She wants to sell the car in 15 years. How much money will Geralinde lose on the sale of her car?
More Applications of Logarithmic Functions Questions:
More Applications of Logarithmic Functions Questions: