Question

Tom spent $28,000 for a new car. The car will depreciate 10% each year. What will the car be worth after 6 years? Round your answer to the nearest cent. Do not include the dollar sign in your answer.​

Answer 1

Answer:

$16,800

Step-by-step explanation:

Every year the % goes up by 10. Meaning in 6 years it will be at 60%

60% of $28,000 is $16,800