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A new vehicle is worth $2500. If it depreciates records in value 12% per year, after 6 years what will it be worth
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A new vehicle is worth $2500. If it depreciates records in value 12% per year, after 6 years what will it be worth

User Ef Dot
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1 Answer

5 votes

Answer:

Explanation:

2500 - 12%

12% of 2500 = 300

2500 - 300 = 2200

12% of 2200 = 264

2200-264=1936

Repeat another 4 times

User Zakharia Stanley
by
5.3k points
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