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STatiana [176]
2 years ago
15

28 Jess bought a new car for £12 000.

Mathematics
1 answer:
devlian [24]2 years ago
7 0

The value of the car after three years is £6936

<h3>How to determine the value of the car?</h3>

The initial value of the car is given as:

Value =  £12000

When the value depreciates by 20% after the first year, the new value of the car is:

New =  £12000 * (1 - 20%)

Evaluate

New =  £9600

When the value depreciates by 15% after the second year, the new value of the car is:

New =  £9600* (1 - 15%)

Evaluate

New =  £8160

When the value depreciates by 15% after the third year, the new value of the car is:

New =  £8160 * (1 - 15%)

Evaluate

New =  £6936

Hence, the value of the car after three years is £6936

Read more about depreciation at:

brainly.com/question/25297296

#SPJ1

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