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A new car, valued at $28,000, depreciates at 9% per year. What is the value of the car one year after purchase?

A new car, valued at $28,000, depreciates at 9% per year. What is the value of the car one year after purchase?
asked 225k views
1 vote
A new car, valued at $28,000, depreciates at 9% per year. What is the value of the

car one year after purchase?

asked
User Chawki
by
8.1k points

2 Answers

3 votes

Answer:

25480

Explanation:

28000 x 0.91

answered
User Florian Bernard
by
8.5k points
3 votes
I believe the answer is $25,480
answered
User Sidharth Ghoshal
by
8.3k points
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