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A car costs $25,000 and depreciates in value by 15% each year. How much will the car be worth after 4 years ?

A car costs $25,000 and depreciates in value by 15% each year. How much will the car be worth after 4 years ?
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2 votes
A car costs $25,000 and depreciates in value by 15% each year. How much will the car be worth after 4 years ?

User Flaviussn
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8.0k points

2 Answers

1 vote
25% its is because it’s is
User Dan Thomas
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8.0k points
3 votes
The answer to your problem is 13,050.17

User Jojodmo
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7.9k points
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