Question

A costs $25000 and each year its value drops by 8%. How much will the car be worth in 3 years? PLEASE I NEED HELP I AM ON A MATH TEST

Answer 1

3años de mi mala vida y un triste

Answer 2

19467.2

Explanation:

Step 1:

25000 * (1 - .08) = 23000 end of year 1 value

Step 2:

23000 * (1 - .08) = 21,160 end of year 2 value

Step 3:

21,160 * (1-.08) = 19467.2 end of year 3 value