Ask Question
14 October, 10:36

The value of a car is $15,000 and depreciates at a rate of 8% Per year. What is the value after seven years

$25,707.36

$8367.70

$6600

$800

+5
Answers (1)
  1. 14 October, 11:32
    0
    A = P (1 + rt)

    A=15,000 (1+.08*7)

    A=23400
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The value of a car is $15,000 and depreciates at a rate of 8% Per year. What is the value after seven years $25,707.36 $8367.70 $6600 $800 ...” 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