Colin buys a car for £45500. It depreciates at a rate of 6% per year. How much will it be worth in 3 years? Give your answer to the nearest penny where appropriate.

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05-11-2022
Mathematics

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Colin buys a car for £45500. It depreciates at a rate of 6% per year. How much will it be worth in 3 years? Give your answer to the nearest penny where appropriate.

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