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You get a brand new car for your 16th birthday, valued at $25,875. Each year you own the car it decreases in value by 15%. How much will the car be worth when you turn 21?

You get a brand new car for your 16th birthday, valued at $25,875. Each year you own the car it decreases in value by 15%. How much will the car be worth when you turn 21?
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4 votes
You get a brand new car for your 16th birthday, valued at $25,875. Each year you

own the car it decreases in value by 15%. How much will the car be worth when you
turn 21?

User Nelo Angelo
by
8.8k points

1 Answer

6 votes

Answer: $25,875 - 15% = 21 993.75 0r $25,875 + 15% = 29 756.25

Explanation:

User Jmkiley
by
7.7k points
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