alyssareyes101 alyssareyes101

20-05-2022
Mathematics

contestada

A new car is purchased for 20300 dollars. The value of the car depreciates at 9.5% per year. What will the value of the car be, to the nearest cent, after 11 years?

Respuesta :

masselinneeds masselinneeds

20-05-2022

Answer:

6770.65$

Step-by-step explanation:

The formula for this is

20300×(0.905)^11

20300×0.333529591

6770.6507

which can be rounded to

6770.65$

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