Get the best answers to your questions with the help of IDNLearn.com's experts. Our experts provide timely and accurate responses to help you navigate any topic or issue with confidence.

the present price of a car is 33750 every year the price decreased by 4% find the price of a car after 4 years​

Sagot :

Answer: 28,665 currency units

Step-by-step explanation:

Find the value of the car after 4 years using the Future value formula:

= Amount * ( 1 + rate) ^ no. of years

= 33,750 * ( 1 + (-4%))⁴

= 33,750 * 0.84934656‬

= 28,665.45

= 28,665 currency units