Ask Question
1 April, 14:18

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 years?

+4
Answers (1)
  1. 1 April, 14:29
    0
    10907.078

    Step-by-step explanation:

    29500 *.8675 *.8675 *.8675 *.8675 *.8675 *.8675 *.8675 = 10907.0775302

    rounded to 10907.078
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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 years? ...” 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