Register

A new car is purchased for 22300 dollars. The value of the car depreciates at 10.25% per year. What will the value of the car be, to the nearest cent, after 6 years?

A new car is purchased for 22300 dollars. The value of the car depreciates at 10.25% per year. What will the value of the car be, to the nearest cent, after 6 years?
17.5k views
2 votes
A new car is purchased for 22300 dollars. The value of the car

depreciates at 10.25% per year. What will the value of the car
be, to the nearest cent, after 6 years?

User Kgautron
by
7.5k points

1 Answer

2 votes

Answer:

The value of car will be, $11654.98

Explanation:

User Yadhukrishna
by
7.6k points
← Prev Question Next Question →

Related questions

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 =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!