Asked by BMO
Billy buy a car for 16,400.his car depreciates in value 24% each year. What was the value after 2 years?
Answers
Answered by
Henry
V = Vo - Vo*r*T
V = 16,400 - 16,400*0.24*2 = $8528
V = 16,400 - 16,400*0.24*2 = $8528
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