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  • 13-04-2020
  • Mathematics
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You buy a new car for $25,000 and it depreciates at a rate of 6.5% per year. How much would it be
worth in 5 years? Round to the nearest cent.

Respuesta :

maps2 maps2
  • 13-04-2020

Answer:

$17864.80

Step-by-step explanation:

25000*(1-0.065)^5

25000*0.935^5

25000*0.71459184283

17864.79607

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