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#7: Cole plans to purchase a car that depreciates at a rate of 9.2% per year. The initial cost of the car is $21,000. Determine the value after 3 3 points years. Your answer
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#7: Cole plans to purchase a car that depreciates at a rate of 9.2% per

year. The initial cost of the car is $21,000. Determine the value after 3
3 points
years.
Your answer

User Arun Pal
by
6.4k points

1 Answer

1 vote

Answer:

I'm not really sure but I think the answer is 21,331.20 for 3 year the interst will be 331.20

User Chirantan
by
6.7k points
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