Tom spent $25,167 for a new car. The car will depreciate 11% each year. What will the car be worth after 1 years? Round your answer to the nearest cent. Do not include the dollar sign in your answer.

Tom spent $25,167 for a new car. The car will depreciate 11% each year. What will the car

be worth after 1 years? Round your answer to the nearest cent. Do not include the dollar
sign in your answer.

1 Answer

Tom spent $25,167 for a new car. The car will depreciate 11% each year. What will the car be worth after 1 years? Round your answer to the nearest cent. Do not include the dolla…

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