Register

The average car depreciates at a rate of 14% per year. Mr. Wixted wants to buy a new sports car for $30,048. At this rate of depreciation, what will the car be worth in 5 years?…

The average car depreciates at a rate of 14% per year. Mr. Wixted wants to buy a new sports car for $30,048. At this rate of depreciation, what will the car be worth in 5 years?…
177k views
3 votes
The average car depreciates at a rate of 14% per year.

Mr. Wixted wants to buy a new sports car for $30,048.

At this rate of depreciation, what will the car be worth in 5 years?

Round your answer to the nearest hundredth.

User Andreas Hartmann
by
7.8k points

1 Answer

3 votes
That will be 1000 because :explanation
User Wysocki
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!