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shtirl [24]
3 years ago
7

At the start of 2014 Mike's car was worth £12000.

Mathematics
2 answers:
chubhunter [2.5K]3 years ago
5 0
We have to calculate the value of the car after 3 years at the start of 2017.
= 1200(1-0.30)^{3}
= 12000 × 0.343
= $4,116
sp2606 [1]3 years ago
5 0

Answer:

£1,200

Step-by-step explanation:

By 2017 it will decrease by 90% so far.

90/100 * £12,000

= £1,200

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