asked 30.6k views
1 vote
the value of a car is 28,000 bit it is depreciating 12% per year how much will the car be worth in 8 years

1 Answer

3 votes

Answer:

Hello,

10,070

Explanation:

100% - 12% = 88% = 0.88

28,000 x 0.88^8 = 10,069.76...

answered
User Cihad Turhan
by
8.0k points
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