Ask Question
5 August, 02:54

A car valued at $15,000 depreciates 13% per year. What is the

value of the car after 4 years?

$4.28

$24,457 10

$2,820.48

$8,59346

+1
Answers (1)
  1. 5 August, 04:08
    0
    Value = $15,000 * (.87) ^ Years

    After 4 years,.87 ^ 4 = 0.57289761

    Value = $15,000 * 0.57289761 =

    8,593.46
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A car valued at $15,000 depreciates 13% per year. What is the value of the car after 4 years? $4.28 $24,457 10 $2,820.48 $8,59346 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers