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 $2,82

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 progress 0
Savannah 2 weeks 2022-01-08T13:35:39+00:00 1 Answer 0 views 0

Answers ( )

    0
    2022-01-08T13:37:13+00:00

    Answer:

    Value = $15,000 * (.87) ^ Years

    After 4 years, .87 ^ 4 = 0.57289761

    Value = $15,000 * 0.57289761 =

    8,593.46

    Step-by-step explanation:

Leave an answer

45:7+7-4:2-5:5*4+35:2 =? ( )