227k views
13 votes
Bailey buys a car for $18,000 and it has a depreciation value of 16% per year after 3

years how much will her car be worth?

User Madie
by
5.7k points

1 Answer

9 votes

Answer:

$10668.67

Explanation:

If the car value goes down 16% each year, after the first year, it will be worth 1520.

The next year, it will be worth $12700.80

After the third year, the car will be worth $10,668.67

User JLott
by
5.4k points
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