Question

4. You bought a new car worth $32,000. Each year the value of the car depreciates by

6%. What will be the value of the car at the beginning of the tenth year of owning it?
(rounded to the nearest hundredth.)

Answer 1

12800

Explanation:

you should find 6 percent on 32000 and multiply it by 10 to see the value it lost in 10 years then subtract that from 32000 for the final answer :)