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.

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asked Nov 22, 2021 232k views

2 votes

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.

Mathematics
high-school

DRVic asked

by DRVic

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1 Answer

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22,398.63 after one year
25,167x11%= 2,768.37
25,167-2,768.37= 22,398.63

Minioim answered Nov 27, 2021

by Minioim

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