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A car valued at $32,000, depreciates at 9% per year. What is the value of the car after two years?
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4 votes
A car valued at $32,000, depreciates at 9% per year. What is the value of the car after two years?

User SDW
by
7.0k points

1 Answer

4 votes

Answer:

£26499.20

Explanation:

100%-9%=91%

91% DIVIDED BY 100(to make a whole number) =0.91

0.91² times 32000=£26499.20

User Rajesh Omanakuttan
by
9.6k points
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