Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

You bought a new car for $18,500. The
value of the car depreciates 4.6% annually.
How much will your car be worth in 5
years? (HINT: How many decimal places
are in money?)

Sagot :

Answer:

14,245

Step-by-step explanation:

First you find 4.6% of 18,500 which is 851. Then you multiply 851 by the years, which is 5, and you get 4255. Lastly just subtract 4255 from 18500.