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A new car is purchased for 17600 dollars. The value of the car depreciates at 11.75% per year. What will the value of the car be, to the nearest cent, after 11 years?

A new car is purchased for 17600 dollars. The value of the car depreciates at 11.75% per year. What will the value of the car be, to the nearest cent, after 11 years?
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11 votes
A new car is purchased for 17600 dollars. The value of the car depreciates at 11.75% per year. What will the value of the car be, to the nearest cent, after 11 years?

asked
User GolfBravo
by
8.0k points

1 Answer

12 votes

Answer:

The answer would be 4,450

Explanation:

:)

answered
User MarchingHome
by
8.3k points
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