a car sales for 25,000 if the rate of depreciation is 15% what is the value of the car after 7 years round to the nearest hundred​

Question

a car sales for 25,000 if the rate of depreciation is 15% what is the value of the car after 7 years round to the nearest hundred​

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Isabella 1 week 2021-09-15T02:06:40+00:00 1 Answer 0

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    2021-09-15T02:08:22+00:00

    Answer:

    $8,000 to the nearest hundred.

    Step-by-step explanation:

    A depreciation of 15% means that after each year the car is worth 0.85 of it’s value the previous year.

    So after 7 years the values of the car is 25,000(0.85)^7

    = 8,014

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27:3+15-4x7+3-1=? ( )