Dan buys a car for £700. It depreciates at a rate of 5.5% per year. How much will it be worth in 6 years? Give your answer to the nearest penny where appropriate.
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0
Step-by-step explanation:
original cost - 700
depreciation - 5.5% per year
5.5% of 700
5.5/100 * 700 = Rs. 38.5 in one year
cost after 6 years,
38.5 * 6 = 231
now,
700-231 = 469
the cost of the car will depreciate 231 rupees and the cost after six years will be 469 rupees.
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Answered by
2
Answer: 188.5
Step-by-step explanation:
because 188.5 divided by 2 = 94.25. BOOM! we solved it!!
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