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emmainna [20.7K]
4 years ago
9

Sam purchases a new car for $29,500. The car depreciates at a rate of 13.25% per year. What is the value of the car after 7 year

s?
Mathematics
1 answer:
miv72 [106K]4 years ago
4 0

Answer:

10907.078

Step-by-step explanation:

29500 × .8675 × .8675 × .8675 × .8675 × .8675 × .8675 × .8675  = 10907.0775302

rounded to 10907.078

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