Question

becky buys a car for 25,000 pounds
the value of this car will depreciate
by 20% at the end of the first year
and then 12% at the end of every year after the first year

work out the value of the car at the end of 3 years

Answer 1

Answer:

15488

Step-by-step explanation:

1st step is = (1-20/100) * 25000 which will be 2000

and then 2nd step is (1-12/100)^2*20000

which will become 15488