# 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: We would be pleased if you find an error in the word problem, spelling mistakes, or inaccuracies and send it to us. Thank you! Showing 1 comment: 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.... Tips to related online calculators Our percentage calculator will help you quickly calculate various typical tasks with percentages. Do you want to convert time units like minutes to seconds? #### You need to know the following knowledge to solve this word math problem: ## Next similar math problems: • Reducing balance method A company buys an item having a useful life of 10 years for 1,000,000. If the company depreciates the item by the reducing balance method, a. Determine the depreciation for the first year. b. Estimate the depreciation for the second and third years. c. Wh • Drilling machine A manufacturing firm purchased a heavy duty drilling machine. They were given two payment options: Option 1: Make a payment of$46,000 immediately to settle the invoice for the machine. Option 2: Make a payment of $21,500 immediately and the balance of$2
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