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30 December, 08:23

The original price of a car is 18,000, and it depreciates by 15% each year. What is the value of the car after three years?

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  1. 30 December, 10:49
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    Answer: $9,900

    Step-by-step explanation:

    Convert the percentage into a decimal: 0.15

    Multiply 0.15 by 18000

    The product is 2700

    Multiply 2700 by the 3 years

    The product is 8100

    Subtract 8100 from 18000

    The result is $9,900
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