Register

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?

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?
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?

User Dewal Tewari
by
7.2k points

1 Answer

8 votes

Answer:

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

User Junfei
by
8.1k 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 dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!