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12 June, 21:37

The original value of a car is $15,000, and depreciates by 20% each year. What is the value of the car after three years?

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  1. 12 June, 21:40
    0
    It is 6,000 each year is 20% which is 3,000, and 3,000 times 3 years is 9,000.

    15,000 - 9,000 = 6,000
  2. 12 June, 22:00
    0
    After three years the value if the car is $7680
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