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15 June, 13:06

The original value of the car is $15000! Qnd it depreciates by 20% each year. What is the value of the car after three years

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  1. 15 June, 15:39
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    15,000 • 0.2 = 12,000 - first year

    12,000 • 0.2 = 9,600 - second year

    9,600 • 0.2 = 7,680 - third year

    After three years, the car is worth $7,680.
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