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A new car is purchased for 15500 dollars. The value of the car depreciates at 7.5% per year. What will the value of the car be, to the nearest cent, after 6 years?

A new car is purchased for 15500 dollars. The value of the car depreciates at 7.5% per year. What will the value of the car be, to the nearest cent, after 6 years?
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A new car is purchased for 15500 dollars. The value of the car depreciates at 7.5% per year. What will the value of the car be, to the nearest cent, after 6 years?

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User Pcatre
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1 Answer

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The answer is $9,709.17
answered
User David Palita
by
7.7k points
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