Question

You have bought a car for $22,000. It depreciates in value by 3% every month. What will the car be worth after 2 years?

Answer 1

15,840

Explanation:

3 x 24 months = 72

72% of 22,000 = 15,840

:)

Answer 2

$9,011.20

Explanation:

I may have messed up with the calculation but I believe the answer is $9,011.20.