A customer buys a car for $14,500. The car loses value at a rate of 3.5% annually. What is the approximate value of the car in 5 years?

asked Mar 20, 2021 3.3k views

2 votes

A customer buys a car for $14,500. The car loses value at a rate of 3.5%

annually. What is the approximate value of the car in 5 years?

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3 votes

Answer: I’m not so sure

Explanation:

Mattek answered Mar 22, 2021

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4 votes

Answer: D because you just need to subtract 3.5% 5 times from 14,500.

Patrick Smith answered Mar 24, 2021

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