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PLS ANSWER!!! A car purchased for $18,000 depreciates annually at a rate of 5%. What will be the approximate value of the car in the 10th year?

PLS ANSWER!!! A car purchased for $18,000 depreciates annually at a rate of 5%. What will be the approximate value of the car in the 10th year?
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PLS ANSWER!!!

A car purchased for $18,000 depreciates annually at a rate of 5%.
What will be the approximate value of the car in the 10th year?

asked
User Galina Melnik
by
7.6k points

1 Answer

2 votes

Answer:

I answered already but, here:

Explanation:

$18,000 x 5% = 900 x 10 years = $9000

answered
User Alejandro Galera
by
8.7k points
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