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A new car depreciates in value of 12% per year. find the value of a 45

A new car depreciates in value of 12% per year. find the value of a 45
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3 votes
A new car depreciates in value of 12% per year. find the value of a 45

User Nathan Strutz
by
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1 Answer

3 votes
A=p(1-0.12)^t
A=45×(1−0.12)^(1)
A=39.6
User Brittney
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7.8k points
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