The original price of a car is $25000. Each year, its value depreciates (loses value) by 13%. Three years after its purchase, what is the value of the car?

Respuesta :

Answer:

$16,462.58

Step-by-step explanation:

25000(1-.13)^(n)

where n is the years

25000(.87)^3

put this into a calculator and get

16462.57