Question

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?

Answer 1

I believe it should be $12,045.17 Or roughly close to that:)

Answer 2

8,585.5

Step-by-step explanation:

first you multiply 22300 by 10.25% thats the number at which it decreases every year, then multiply by 6, then subtract that from 22300