Quote:
Originally Posted by kach22i
Half the value ever five years...........quite a while.
|
Judging by that idea that the car loses half it's value every five years, and assuming the purchase price is $600,000-
Not adjusting for inflation, you would have to wait exactly 33 years, 1 month, 17 days, 7 hours, and 12 minutes for the car's value to reach exactly $10,000.
I challenged myself to how long it would take me to calculate that. 1 minute and 39 seconds.