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A new car is purchased for 17300 dollars. The value of the car depreciates at 9.25% per year. What will the value of the car be, to the nearest cent, after the 15 years?

A new car is purchased for 17300 dollars. The value of the car depreciates at 9.25% per year. What will the value of the car be, to the nearest cent, after the 15 years?
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A new car is purchased for 17300 dollars. The value of the car depreciates at 9.25% per year. What will the value of the car be, to the nearest cent, after the 15 years?

User David Koelle
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8.7k points

1 Answer

4 votes

I‘ve done this before,here’s an image!

Good luck !

Hope U have a amazing day!

A new car is purchased for 17300 dollars. The value of the car depreciates at 9.25% per-example-1
User Holden Rehg
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7.3k points
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