Therefore the value of Honda Accord in 2034 is $2,693.07
Explanation:
Given a new 2018 Honda Accord was valued at$ 25,000. It depreciates at a rate of 13%a year.
Time (n) = 16 year , P =$25,000 and r = 13%
Amount

=$

=$

Therefore the value of Honda Accord in 2034 is $2,693.07