Register

Your car cost $42,500 when you purchased it in 2015. The value of the car decreases by 15% annually. How much will the car be worth in 2022? Help please I’m struggling!

Your car cost $42,500 when you purchased it in 2015. The value of the car decreases by 15% annually. How much will the car be worth in 2022? Help please I’m struggling!
171k views
15 votes
Your car cost $42,500 when you purchased it in 2015. The value of the car decreases by 15% annually. How much

will the car be worth in 2022?


Help please I’m struggling!

User PepperAddict
by
8.3k points

1 Answer

12 votes

Answer:

About $13624.53

Explanation:

42500(1-0.15)^7

13624.526252

we have to simplify it so-

About $13624.53

User Pierce Hickey
by
8.4k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!