Don buys a car valued at $25,000.When the car was new,it sold for $32,000.If the car depreciates exponentially at a rate of 7% per year,about how old is the car?

Name: Don buys a car valued at $25,000.When the car was new,it sold for $32,000.If the car depreciates exponentially at a rate of 7% per year,about how old is the car?
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The Answer of Don buys a car valued at $25,000.When the car was new,it sold for $32,000.If the car depreciates exponentially at a rate of 7% per year,about how old is the car?

Don Buys a Car Valued at $25,000