Register
You bought a new car 4 years ago for $20,000 and it depreciates at a rate of 10% per year. What is the value of the car now?
163k views
4 votes
You bought a new car 4 years ago for $20,000 and it depreciates at a rate of 10% per year. What is the value of the car now?

User Aevitas
by
6.5k points

2 Answers

1 vote
1312 I think I’m not sure try google
User Allcaps
by
5.8k points
6 votes
Do 100%-10%=90%
.9^4(20,000)
and that should be the answer.
I got 1312.2
User Iyesha
by
5.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

Other Questions

What is the least common denominator of the four fractions 20 7/10 20 3/4 18 9/10 20 18/25
What is 0.12 expressed as a fraction in simplest form
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
What is the initial value and what does it represent? $4, the cost per item $4, the cost of the catalog $6, the cost per item $6, the cost of the catalog?
What is the measure of xyz
Link Copied!