Register

John bought a new car for 20,000. if the car depreciates at a rate of 16% each year, what will be the value of the car after 3 years?

John bought a new car for 20,000. if the car depreciates at a rate of 16% each year, what will be the value of the car after 3 years?
139k views
21 votes
john bought a new car for 20,000. if the car depreciates at a rate of 16% each year, what will be the value of the car after 3 years?

User Fczbkk
by
8.4k points

2 Answers

4 votes

Answer:

13214

Explanation:

User Hassan Saleh
by
7.9k points
9 votes

Answer:11,854.08

Explanation:

20000(1-0.16)^3

User Scott Kilbourn
by
8.2k points
← Prev Question Next Question →

No related questions found

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 =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!