Dan buys a car for £2500. It depreciates at a rate of 4.2% per year. How much will it be worth in 4 years?
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420
Step-by-step explanation:
initial price = 2500
rate per year = 4.2%
4 years = 4.2 × 4 = 16.8 %
2500× 168/1000 = 420
hence after 4 years it's worth 420.
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