Math, asked by 18ohaniansc, 5 months ago

Colin buys a car for £15500.
It depreciates at a rate of 1% per year.
How much will it be worth in 4 years?
Give your answer to the nearest penny where appropriate.

Answers

Answered by aishwarya1683

1

Answer:

4th year at the beginning 1503963.45 penny

Step-by-step explanation:

penny1550000 - penny15500 = 1534500( 1st year)

1534500-15345=1519155(2 nd yr)

1519155-15191.55=1503963.45(3rd yr)

Answered by reyessarmientogino2

2

Answer:

£14889.24

Step-by-step explanation:

15500x(0.99)^4

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