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A certain car depreciates at a rate of 14% per year. If the purchase price of the car is $26,000, what will the value of the car be in 6 years?

A certain car depreciates at a rate of 14% per year. If the purchase price of the car is $26,000, what will the value of the car be in 6 years?
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3 votes
A certain car depreciates at

a rate of 14% per year. If the
purchase price of the car is
$26,000, what will the value
of the car be in 6 years?

User Willbattel
by
8.1k points

1 Answer

4 votes
It will be worth $10,518.75
User Lisandra
by
8.2k points
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