Respuesta :

Answer:

£8000

Step-by-step explanation:

Since the car depreciates at 12% every year

So we will have to determine the amount that is depreciated for the first year

So let's solve

12/100×20000

12×200

2400

2400 is the amount depreciated every year so to determine for 5 years it will be

2400×5

12000

£12000 is the amount depreciated for 5years

So to determine the amount he bought the car after the five years

It will be 20000-12000

=8000

Therefore he bought the car £8000 after the fifth year

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