Answer:
Explanation:
The value of the car decreases by 7% each year, which means that after one year, the car will be worth 93% of its original value (100% - 7% = 93%). Therefore, after 6 years, the car will be worth:
$13,000 x 0.93 x 0.93 x 0.93 x 0.93 x 0.93 x 0.93 = $7,725.46
So, after 6 years, the car will be worth approximately $7,725.46.