Question

The value of a car depreciate each year by 5% of its value at the beginning of that year . lf its value when new on first January 2000 was 10250, what was its value in January 2009, when it was 9 years old? give your answer, correct to three significant figures?
what is 10250(95)^9 ?

Related Questions

An annuity pays 7300 dollars on January 1 of each year, starting on January 1, 2000. If 16 payments... the value of a machine depreciates each year by 15%of its value at the beginning of that year. if it... The value of a machine depreciates each year by 5% of its value at the beginning of that year. If it... the table shows the total amount of rain fall for bay city in January, February, and march the has d...