Question

Colin buys a car for £42800. It depreciates at a rate of 5% per year. How much will it be worth in 2 years? Give your answer to the nearest penny where appropriate. ILL MARK THE FIRST CORRECT ANSWER BRAINLIEST AND GIVE U LOADS OF POINTS IF ANYONE FRIENDS MEEEEEEEEEEEEEEEEEEE

Answer 1

Answer:

Step-by-step explanation:

Principal=₹42800

Rate of interest=5% but 2 years so multiply by 2 =5×2=10%

Time=2 years

Simple interest=42800×10×2/100= ₹8560

Amount=42800+8560=Rs51360

The answer is ₹ 51360

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Answer 2

Answer:

The Correct answer is 38367

Step-by-step explanation:

You get the 42800 x 0.95 then you times it to the power of 4 and you get that answer.

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