benjaminfowles2008 benjaminfowles2008
  • 01-02-2021
  • Mathematics
contestada

Colin buys a car for £16300. It depreciates at a rate of 3% per year. How much will it be worth in 4 years? Give your answer to the nearest penny where appropriate. £

Respuesta :

LBeadle1127
LBeadle1127 LBeadle1127
  • 01-02-2021

Answer:

The car will be worth £14,430.27 in 4 years.

Step-by-step explanation:

Average annual value lost: £1,186.37

First year depreciation: £489.00

Total depreciation: £1,869.73

Total depreciation percentage: 11.47%

Value of vehicle at end of ownership period: £14,430.27

HOPE THIS HELPS!!!

BRAINLIEST PLEASE

Answer Link

Otras preguntas

HELP ME ON TANGENTS, ARCS AND CHORDS! 1
A chair has a mass of 10 kilograms on earth. What is the mass of the chair on mercury?
Evaluate the extent to which nations utilized armed struggle to pursue independence after 1900
Devise a two‑step synthesis of the alkene from the ketone using the reagents provided
Find the area of this trapezoid Dimensions are in meters​
Why does the final electron energy not depend on the focusing cylinder voltage?
1. The Respiratory system allows the movement of _______________ into the body and ______________ gas out of the body. (4 marks) 2. Inspiration or inhaling mea
How are the Protestant Reformation and the European Renaissance similar?
Which property of the sound wave changes when the volume is increased on a radio?.
I NEED HELP!!!Situation: A client has hired Jose, a materials engineer, to develop a package for an item he has begun to market. The object needs to be mailed t