Question

olivia purchased a car worth $18,000 in the year 2001. it loses its value by 6% per year. what is the value of the car in 2004

Answer 1

The answer is $14,765 because six percent of 18000 is One thousand eighty, and when it is multiplied by three(3 years) it becomes 3240 dollars. So you would just find the difference after that.

Explanation: