Question

A new car costing £15.000 decreases by 2% each

year. How much is it worth in 3years to nearest
£100

Answer 1

14,100 rounded to the nearest hundreds

Explanation:

For each step, which you will be doing three times, you multiply the cost by 2 percent to get how much of that value is 2 percent. Then subtract that value from the cost to get the new cost. Repeat this process two more times to get your answer.