Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Discover in-depth answers to your questions from a wide network of experts on our user-friendly Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

the present price of a car is 33750 every year the price decreased by 4% find the price of a car after 4 years​

Sagot :

Answer: 28,665 currency units

Step-by-step explanation:

Find the value of the car after 4 years using the Future value formula:

= Amount * ( 1 + rate) ^ no. of years

= 33,750 * ( 1 + (-4%))⁴

= 33,750 * 0.84934656‬

= 28,665.45

= 28,665 currency units

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.