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.

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

worth= 42800(1-5/100)^2

=42800(1-0.05)^2

=42800(0.95)^2

=38627