You buy a 2021 AMG S 63 Coupe for 163,000 dollars. The depreciation rate for this car is 11% per year. What will the cost of the vehicle be after 6 years?

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asked Aug 24, 2023 151k views

25 votes

You buy a 2021 AMG S 63 Coupe for 163,000 dollars. The depreciation rate for this car is 11% per year. What will the cost of the vehicle be after 6 years?

Mathematics
high-school

Rituparna Warwatkar asked

by Rituparna Warwatkar

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the price of the merc will be approximately $69,161 after six years :)

Ulrich Scheller answered Aug 28, 2023

by Ulrich Scheller

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