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

Between which points would the phase change of freezing occur?
Hugo Inc., a calendar year taxpayer, sold two operating assets this year. The first sale generated a $38,700 Section 1231 gain, and the second sale generated a
What is the value of x, given that RS||XY
Find the value of x.
HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
SOMEONE PLEASE HELP ME WITH THIS ILL GIVE YOU BRAINLY IF YOU GET IT RIGHT ALSO EXPLAIN HOW YOU GOT THE ANSWER!!!!
Based on psychological research, which has found a biological basis for sexual orientation, which of the following people are less likely to identify as gay? 1.
3.A certain reptile species is a carnivore and lives only on an isolated island. Which of the following would most likely result in the extinction of the reptil
And the final sentence of the first paragraph the author choose to use the word absurd in order to
When an armistice was signed ending the Korean War, a. North and South Korea were still divided along the 38th parallel. b. a communist government was establish