KingJordan18 KingJordan18

20-06-2020
Mathematics

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Wisal buys a car for £19000.
The value of the car depreciates by 5% each year.
Work out the value of the car after 4 years.

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20-06-2020

Answer:

[tex]15475.62[/tex]

Step-by-step explanation:

[tex]19000 \times (1-\frac{5}{100}) ^4[/tex]

[tex]19000 \times (\frac{19}{20}) ^4[/tex]

[tex]\frac{2476099}{160}[/tex]

[tex]=15475.61875[/tex]

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