asked 169k views
21 votes
A new car is purchased for 23200 dollars. The value of the car depreciates at 13. 25% per year. What will the value of the car be, to the nearest cent, after 7 years?.

asked
User Migpics
by
8.3k points

1 Answer

4 votes

Answer:

The value of car after 7 years will be $8,577.77

Step-by-step explanation:

answered
User Manas Bajaj
by
8.0k points
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