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24 November, 05:56

Suppose you buy a car with a value of $9,250. Each year the value of your car will depreciate by 5.1%. How much will your car be worth in 8 years?

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  1. 24 November, 09:41
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    9250 / 100 = 92.50 which is 1%

    92.50 x 5.1 = 471.75 which is 5.1%

    471.75 x 8 = 3774

    9250 - 3774 = 5476

    The answer is $5476
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