Question

Rahim bought a car for 950000. After using it for two years he sold it out. Its value
depreciated 15% annually. What did he get for the car?​

Answer 1

Answer:

285000..........

Step-by-step explanation:

Answer 2

$p = 950000$

$r = 15 \: percentage$

$t = 2 \: years$

$n = 2$

$a = p \: ( \: 1 - \frac{r}{100} {)}^{n}$

$a = 950000 \: ( \: 1 - \frac{15}{100} {)}^{2}$

$a = 950000 \: ( 0.85 {)}^{2}$

$a = 950000 \times 0.7225$

$a = 686375$

I hope this helps you

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