A new Honda Civic costs $ 22 , 000 the year it is made. This car depreciates, losing value at a rate of 5 % each year on average. After 3 ye

Question

A new Honda Civic costs $ 22 , 000 the year it is made. This car depreciates, losing value at a rate of 5 % each year on average. After 3 years, what is the amount the car has lost in value?

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Kim Cúc 3 years 2021-08-07T07:41:28+00:00 1 Answers 48 views 0

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  1. thienthanh
    0
    2021-08-07T07:43:11+00:00
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    Answer: 3300

    Step-by-step explanation: Three years is 15%, 15% of 22,000 is 3,300

    I think this is the answer, tell me if it works

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