Question

6) Ron bought a car 8 years ago for $15,694. If the rate of depreciation is 4.75% per year, what is the value of

Ron's car now? Round answer to nearest cent.
O a.) $10,642.94
Ob.) $10,332.94
Oc.) $10,632.94
Od.) $10,662.94

Answer 1

It will be Od cause 10,662,94 is closer to and the biggest number you working with