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Robert bought his car 4 years ago. Each year the value of the car has depreciated by 15%. The car is now $6264 Calculate how much the car was worth when he bought it.

Robert bought his car 4 years ago. Each year the value of the car has depreciated by 15%. The car is now $6264 Calculate how much the car was worth when he bought it.
asked 148k views
1 vote
Robert bought his car 4 years ago.

Each year the value of the car has depreciated by 15%.
The car is now $6264
Calculate how much the car was worth when he bought it.

asked
User Crob
by
7.2k points

1 Answer

3 votes
If i'm correct. it should be $10,022.40
answered
User Mattbasta
by
9.0k points
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