Ask Question
12 February, 11:01

16. Giorgio bought a car for $21,000. The value of the car depreciates 5% each year. What will the

value of the car be n years after Giorgio purchased it?

+3
Answers (1)
  1. 12 February, 11:40
    0
    current value = 21000 (1 - 0.05) ^n

    Step-by-step explanation:

    This is a standard depreciation formula where n is the number of years.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “16. Giorgio bought a car for $21,000. The value of the car depreciates 5% each year. What will the value of the car be n years after ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers