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A new car is purchased for 21100 dollars. The value of the car depreciates at 10.5% per year. What will the value of the car be, to the nearest cent, after 6 years?
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15 votes
A new car is purchased for 21100 dollars. The value of the car depreciates at

10.5% per year. What will the value of the car be, to the nearest cent, after 6
years?

User Seralouk
by
4.9k points

2 Answers

3 votes
The car will be worth $7807
User Marko E
by
4.8k points
10 votes

Answer:

10,844.78

Explanation:

User Kibo
by
5.6k points
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