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Dan buys a car for £1700. It depreciates at a rate of 4% per year. How much will it be worth in 4 years? Give your answer to the nearest penny where appropriate

Dan buys a car for £1700. It depreciates at a rate of 4% per year. How much will it be worth in 4 years? Give your answer to the nearest penny where appropriate
asked 72.3k views
14 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?
Give your answer to the nearest penny where appropriate

asked
User TheRealJAG
by
8.1k points

1 Answer

8 votes

Answer: £2080.00 :)

hope it helps

answered
User Waterschaats
by
7.6k points
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