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A car was bought for $18,000. It’s value depreciated by 15% each year for the first three years. What was its value at the end of the first three years?
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A car was bought for $18,000. It’s value depreciated by 15% each year for the first three years.

What was its value at the end of the first three years?

A car was bought for $18,000. It’s value depreciated by 15% each year for the first-example-1
User Santosh Tiwary
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1 Answer

8 votes
8 votes

Answer: 11054.25

Explanation:

User Firatozcevahir
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2.8k points
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