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A car is purchased for $18,000. After each year, the resale value decreases by 35%. What will the resale value be after 5 years? Use the calculator provided and round your answer the nearest dollar.
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A car is purchased for $18,000. After each year, the resale value decreases by 35%. What will the resale value be after 5 years?

Use the calculator provided and round your answer
the nearest dollar.

User Momin Bin Shahid
by
8.0k points

2 Answers

8 votes
Hope the answer will help you!
User Jameela
by
8.6k points
9 votes

Answer:

It should be $4,943.25

User Deyvw
by
9.2k points
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