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24 May, 15:49

A car is brought for $28 000.00 and it will depreciate at a rate of $100 per month.

a) What is the value of the car after 18 months?

b) By how much will the car have depreciated after 3 years?

c) When will the car be valued at $8400?

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Answers (1)
  1. 24 May, 16:16
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    The ans for a) is 26200$

    for b) is 24400$

    for c) is 16.3 years
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