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A new car is purchased for 22300 dollars. The value of the car depreciates at 10.25% per year. What will the value of the car be, to the nearest cent, after 6 years?

A new car is purchased for 22300 dollars. The value of the car depreciates at 10.25% per year. What will the value of the car be, to the nearest cent, after 6 years?
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2 votes
A new car is purchased for 22300 dollars. The value of the car

depreciates at 10.25% per year. What will the value of the car
be, to the nearest cent, after 6 years?

asked
User Kgautron
by
7.5k points

1 Answer

2 votes

Answer:

The value of car will be, $11654.98

Explanation:

answered
User Yadhukrishna
by
7.6k points
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