If you spend $250000 on a new car and it is depreciating about 25% per year, how much will it be worth by its fourth year?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Sep 2, 2022 134k views

23 votes

If you spend $250000 on a new car and it is depreciating about 25% per year, how much will it be worth by its fourth year?

Mathematics
high-school

Dewal Tewari asked

by Dewal Tewari

7.2k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

8 votes

Answer:

it will be worth $76,101.56 by the fourth year

Junfei answered Sep 6, 2022

by Junfei

8.1k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

Related questions

asked Aug 16, 2024 216k views

30 POINTS!!!!!!!!! PLEASE HELP, I'VE BEEN STUCK ON THIS FOR A WHILE!!! question: If you spend $250000 on a new car and it is depreciating about 25% per year, how much will it be worth by its fourth year?

Zhuguowei asked Aug 16, 2024

by Zhuguowei

7.8k points

Business
high-school

1 answer

5 votes

216k views

asked Dec 16, 2024 178k views

The profit forcast for the most fiscal quarter is $250000. The actual profit is 80% of the forecast profit. what is the actual profit

All The Rage asked Dec 16, 2024

by All The Rage

8.4k points

Mathematics
high-school

1 answer

0 votes

178k views

asked Jan 4, 2024 87.9k views

Harry paid $250000 for a fifteen-year indexed annuity in which the monthly payments received at the end of each month increase by 0.7% per payment. What is the total amount received by Harry if interest

Patronaut asked Jan 4, 2024

by Patronaut

8.3k points

Mathematics
college

1 answer

1 vote

87.9k views

Ask a Question

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

9.5m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Related questions

Other Questions