Question

Kyle buys a car for $58,000. His car immediately starts depreciating, losing 23% of its value every year. How much will the car be worth in 12 years?

Answer 1

Answer:

$2520

Step-by-step explanation:

you have to find 23% of each answer starting from $58000 e.g. 23% of 58000=13340

58000-13340=44660

carry on thus until you reach 12 years and you should get $2520