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A new car loses 4% of it's value each month. How much is the car worth after 18 months if it was $19,000 brand new?

A new car loses 4% of it's value each month. How much is the car worth after 18 months if it was $19,000 brand new?
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2 votes
A new car loses 4% of it's value each month. How much is the car worth after 18 months if it was $19,000 brand new?

User Destini
by
7.1k points

2 Answers

0 votes

Answer:

5320

Explanation:

User Dave Kiss
by
8.6k points
4 votes

Answer:

9112.46

Explanation:

User Emmanuelguther
by
7.3k points
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