201,883 views
31 votes
31 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 Patrick Dench
by
2.7k points

1 Answer

17 votes
17 votes

Answer:

About $13624.53

Explanation:

42500(1-0.15)^7

13624.526252

we have to simplify it so-

About $13624.53

User Suvasis
by
3.0k points