Colin buys a car for £45500.
It depreciates at a rate of 6% per year.
How much will it be worth in 3 years?
Give your answer to the nearest penny where appropriate.
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Answer:
37791.57
Step-by-step explanation:
100% - 6 % = 94%
0.94
45500 x 0.94 cubed
37791.572
break down into = 37791.57
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