12-06-2020
Mathematics

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A car costs £9000. Its value depreciates at 15% per year. Find the value of the car after 1 year.

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musiclover10045 musiclover10045

12-06-2020

It depreciates at 15%, which means it would be valued at 85% of the previous value.

After one year the value would be 9000 x 0.85 = £ 7650

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