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A new car is purchased for 16900 dollars. The value of the car depreciates at 15% per year. What will the value of the car be, to the nearest cent, after 15 years ?

A new car is purchased for 16900 dollars. The value of the car depreciates at 15% per year. What will the value of the car be, to the nearest cent, after 15 years ?
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A new car is purchased for 16900 dollars. The value of the car depreciates at 15% per year. What will the value of the car be, to the nearest cent, after 15 years ?

User Kamran Bigdely
by
7.4k points

1 Answer

3 votes

Answer:

$75.11

Explanation:

User StephanM
by
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