1. A car is worth $50,000 brand new and it will lose 10% of its value each year. At this rate how much will the car be worth after 10 years?

asked May 8, 2023 43.9k views

8 votes

1. A car is worth $50,000 brand new and it will lose 10% of its value each year. At this rate how much

will the car be worth after 10 years?

7.0k points

Please log in or register to add a comment.

9 votes

£17,433.92

it’s 0.9 because 10% is 0.1 so 1-0.1

Pete Koomen answered May 10, 2023

7.6k points

6 votes

50000 - 5000 ten times and then youll end up with 0
The car wouldnt be worth anything

Tiagosilva answered May 14, 2023

6.6k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.7m questions

10.3m answers