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A car costs $25,000 and depreciates in value by 9% per year. How much will the car be worth after 4 years? Round to hundredths.

A car costs $25,000 and depreciates in value by 9% per year. How much will the car be worth after 4 years? Round to hundredths.
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A car costs $25,000 and depreciates in value by 9% per year. How much will the car be worth after 4 years? Round to hundredths.

User Flungo
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7.8k points

1 Answer

4 votes
The car will be worth about $16,000 after 4 years
User Mark Renouf
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8.1k points
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