Car Value. The term upside down on car payments refers to
Chapter 1, Problem 61(choose chapter or problem)
Car Value. The term upside down on car payments refers to owing more than a car is worth. Assume you buy a new car and nance 100% over 5 years. The difference between the value of the car and what is owed on the car is governed by the expression where t is age (in years) of the car. Determine the time period when the car is worth more than you owe . When do you owe more than its worth
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