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joja [24]
4 years ago
9

A new car is purchased for 24800 dollars. The value for f the car depreciates at 12% per year. What will the value of the car be

to the nearest cent after 13 years
Mathematics
1 answer:
laila [671]4 years ago
6 0

Answer:

$4706.81

Step-by-step explanation:

The value each year is multiplied by 100% -12% = 88% = 0.88. After 13 years, the value is 0.88^13 ≈ 0.1897906 times what it was originally: ≈ 4,706.81 dollars.

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