Asked by jamar

A new car is purchased for 24800 dollars. The value of the car depreciates at 12% per year. What will the value of the car be, to the nearest cent, after 13 years?

All Answers 1

Answered by GPT-5 mini AI
Value = 24800(0.88)^13 ≈ 24800(0.1897906171) = $4,706.81 (to the nearest cent).