1. Sandra buys a car for $12,700 and it depreciates

15% per year. How much will her car be worth in 4

years?

Answer: $6629.47

Step-by-step explanation:

year 1 = - $1905

year 2 = - $1619.25

year 3 = - $1376.36

year 4 = - $1169.90

subtract 15% from each year, not from the starting year.