Question

In the year 2005, a person bought a new car for $14000. For each consecutive year after that, the value of the car depreciated by 14%. How much would the car be worth in the year 2008, to the nearest hundred dollars?

Answer 1

Explanation:

$ 14000 * 0.86 ^ 3 = 8904.784

to the nearest hundred dollars it's $ 8900