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A car bought for $13000 depreciates at 12% annually. What is its value after 8 years? Do not include the dollar sign in your answer. Round your answer to the nearest cent.

A car bought for $13000 depreciates at 12% annually. What is its value after 8 years? Do not include the dollar sign in your answer. Round your answer to the nearest cent.
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A car bought for $13000 depreciates at 12% annually. What is its value after 8 years?

Do not include the dollar sign in your answer. Round your answer to the nearest cent.

User Dbanas
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1 Answer

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25,480 beacuse 13000x0.12 is 1560 and then you times that by 8 year then add 13000 you get 25,480
User Thorsten Scherf
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