The price of a car that was bought for 10,000 and has depreciated 10% yearly. Find the price of the car 8 years later.

Question

asked Nov 23, 2021 107k views

1 Answer

Elona · Answer 1 · 2021-11-27T15:27:34+0000

Answer:

$4304.6721

Explanation:

10000(.90)^8

you would subtract .10 from 1 and multiply it by itself 8 times and then multiple that by 10,000.