Monica bought a car for $x 3 years ago. Due to an inflation rate of 6% p.a. this car is now worth Mexican peso 50,000. Calculate the cat's original purchase price

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asked Feb 24, 2021 3.0k views

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Monica bought a car for $x 3 years ago. Due to an inflation rate of 6% p.a. this car is now worth Mexican peso 50,000. Calculate the cat's original purchase price

Mathematics
high-school

Colin Goudie asked

by Colin Goudie

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Answer:

its 60198.6

Explanation:

use the formula present price=orginal price(1-rate/100)^years

Johnthagen answered Mar 2, 2021

by Johnthagen

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