Register

Dan buys a car for £1700. It depreciates at a rate of 4% per year. How much will it be worth in 4 years?

Dan buys a car for £1700. It depreciates at a rate of 4% per year. How much will it be worth in 4 years?
asked 3.7k views
25 votes
Dan buys a car for £1700.

It depreciates at a rate of 4% per year.
How much will it be worth in 4 years?

asked
User PhilD
by
7.8k points

2 Answers

11 votes

Answer:

1143.89

Explanation:

I HOPE it's help you

Dan buys a car for £1700. It depreciates at a rate of 4% per year. How much will it-example-1
answered
User Nayeem Mansoori
by
7.4k points
5 votes

Answer:

Explanation:

100%-4%=96%

96/100=0.96

£1700*0.96^4=£1443.89

answered
User MaxAlex
by
8.5k points
← Prev Question Next Question →

Related questions

User Gotqn
asked Jan 10, 2021 68.0k views
Dan buys a car for £1700. It depreciates at a rate of 4% per year. How much will it be worth in 4 years?
Gotqn asked Jan 10, 2021
by Gotqn
7.8k points
1 answer
4 votes
68.0k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!