Question

Trish bought a new car at a cost of $40,000. The car depreciates approximately 12% of its value each year. What will the car's value be in five years?

a $21,109.28
b. $25,000
c. $30,000
d. $45,000​

Answer 1

Answer:$21,109.28

Step-by-step explanation: because 12% of 40,000 is

4,800 and subtracting that 5 times puts us around the right answer