Answered

Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

The value of a car decreases by 5% each year.
Sophie bought a car two years ago for £10000
Work out the value now

Sagot :

10,000*0.95^2
=9025

0.95 is a multiplyer since 100%-5%=95% then divided by 100 giving you 0.95

You always power by the amount of years

So the format is always
Amount*multiplyer^years
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.