Question #188620

A new car is purchased for 17900 dollars. The value of the car depreciates at 13% per year. What will the value of the car be, to the nearest cent, after 7 years?



1
Expert's answer
2021-05-07T11:30:06-0400

17900(1−13/100)717900(1-13/100)^7

6752.866752.86


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Place free inquiry
Calculate the price
Learn more about our help with Assignments: AlgebraElementary Algebra

Comments

No comments. Be the first!
Our fields of expertise
10 years of AssignmentExpert
LATEST TUTORIALS
APPROVED BY CLIENTS
The expert did excellent work as usual and was extremely helpful for me. "Assignmentexpert.com" has experienced experts and professional in the market. Thanks.
Canada #332078 on Oct 2022