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 x(x-1) (X-5) <=O​
Some groups of people are particularly vulnerable. (Check all that apply) [mark all correct answers] a. Homeless youth b. Girls under the age of 19 c. Victims o
What is held together by intermolecular forces? atoms charged particles molecules compounds
Helpp plzz help helpp help
-(-3)2 – 4(-3) – 4.
"Stanley has been taking pills for his headaches for 10 years. His wife finds out that the pills have been placebos all along. Should she tell him?"
What is water beneath the surface that runs in recognizable underground streams or collects in porous ground layers known as?
The sharp reduction of numbers of a population and with it the gene pool through a severe epidemic is an example of :
compare 5.842 to 0.584​
The given graduated cylinder is calibrated in milliliters (mL). Determine the volume of liquid in the graduated cylinder and report it to the correct number of