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Travka [436]
3 years ago
7

An automobile purchased for 22,000 is worth 2500 after 5 yrs. Assuming that the cars value deprecited steadily from year to year

, what was it worth at the end of third year
Mathematics
1 answer:
tester [92]3 years ago
4 0
Original price = 22000
New price = 2500
Amount depreciated in 5 years = 22000 - 2500
                                                  =19500
Amount depreciated in 1 year = 19500/5
                                                = 3900
Worth after 3 years = 22000 - 3(3900)
                               = 10300
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