The value of a car depreciates every year at a constant rate. gary bought a car for $25,000 in the year 2013. if the value of the car is expected to depreciate 15% annually, what can gary expect for the value of his car in the year 2017?

He can expect $ 13,050.16 ( approx )

Step-by-step explanation:

Given,

The original cost of the car, P = $ 25,000

Annual rate of decreasing, r = 15 %,

Time, t = 4 years ( From 2013 to 2017 ),

Thus, the new cost of the car after 4 years,

Hence, the he can expect $ 13050.16 value of his car in the year 2017.

yep

step-by-step explanation:

250

step-by-step explanation: