benjaminfowles2008 benjaminfowles2008
  • 01-02-2021
  • Mathematics
contestada

Colin buys a car for £16300. It depreciates at a rate of 3% per year. How much will it be worth in 4 years? Give your answer to the nearest penny where appropriate. £

Respuesta :

LBeadle1127
LBeadle1127 LBeadle1127
  • 01-02-2021

Answer:

The car will be worth £14,430.27 in 4 years.

Step-by-step explanation:

Average annual value lost: £1,186.37

First year depreciation: £489.00

Total depreciation: £1,869.73

Total depreciation percentage: 11.47%

Value of vehicle at end of ownership period: £14,430.27

HOPE THIS HELPS!!!

BRAINLIEST PLEASE

Answer Link

Otras preguntas

Solve each equation. |x+5|=-3
Choose ALL correct answers (1, -3) (4, 1) (6, 3) (2, -2)
Is 181 prime or composite? Justify your answer. A. 181 is prime because it has a factor of 9. B. 181 is prime because its only factors are 1 and itself. C. 181
373646351636646475753626266374747574884x848484893990299149440505944330309877=?
Solve each equation. |x+5|=-3
The cells ____ and shrivel up
Solve the system of equations below by graphing. Type in the ordered pair (x,y) for your answer y=-2 x+y=5
Five times a number decreased by 2 is 4, find the number.
a service station on the interstate changes $2.29 per gallon of gasoline and $1.89 per quart for oil. What would be a recourable amount to pay for 10 gallons of
In how many ways can a committee of five Democrats and four Republicans be formed from a group of twelve Democrats and twelve Republicans?