Question

A car begins to depreciate at a rate of 24.9% annually as soon as it is driven off the lot. If a car was purchased for 26,500; how much is it worth after the second year? The equation you used is? What is the value of the car after two years?

Answer 1

Answer:

13197

Step-by-step explanation:

You have to do 24.9*2 and then find that percent of 26500