Car down

Sarah buys a car costing $12,500. It depreciates in value by 8% in the first year, 10% the second year and 5% in the third year. Calculate the value of a car after the third year.

Correct result:

x =  9832.5

Solution:

x0=12500 USD x1=(18100) x0=(18100) 12500=11500 USD x2=(110100) x1=(110100) 11500=10350 USD x3=(15100) x2=(15100) 10350=196652=9832.5 USD  x=x3=9832.5=196652



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Showing 1 comment:
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Dr Math
The original question was:

Calculate what percent is the sales tax.

Answer: I now cannot calculate any tax due I don't know your tax law codes etc.etc....

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