Colin buys a car for £45500. It depreciates at a rate of 6% per year. How much will it be worth in 3 years? Give your answer to the nearest penny where appropriate.

Colin buys a car for £45500.

It depreciates at a rate of 6% per year.
How much will it be worth in 3 years?
Give your answer to the nearest penny
where appropriate.

1 Answer

Colin buys a car for £45500. It depreciates at a rate of 6% per year. How much will it be worth in 3 years? Give your answer to the nearest penny where appropriate.

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