Question

Colin buys a car for £6000.
It depreciates at a rate of 6% per year.
How much will it be worth in 4 years?
Give your answer to the nearest penny where appropriate.
ANSWER SOON PLEASE

Answer 1

Answer:

Florence wants to invest money abroad. Florence is aware that France generally has a recession every 6 years and America generally has a recession every 8. in the year 2005, both France and America were in recession. Florence needs to work out the next time they will both be in recession. When will this be?