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OpenStudy (anonymous):
The original value of a car is $18,000, and it depreciates by 15% each year. what is the value of the car after three years.
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OpenStudy (anonymous):
is it 11054.25?
OpenStudy (anonymous):
18,000x.15 = 2700 18000-2700=15300 15300x.15=2295 15300-2295=13005 13005x.15=1950.75 13005-1950.75=11054.25?
OpenStudy (anonymous):
does this look right?????
OpenStudy (anonymous):
i looked at it, took the quiz, and i was right :)
OpenStudy (anonymous):
oops sorry u r actually multiplying by 0.15
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OpenStudy (anonymous):
o then what u got should be the right answer
OpenStudy (anonymous):
okay, it's always good to have someone double checking you though
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