Posted by **holly** on Sunday, June 5, 2011 at 5:14pm.

ben bought a car for £12,000

each year the value of the car depreciated by 10%

what is the value of the car 2 years after he bought it?

- maths -
**MathMate**, Sunday, June 5, 2011 at 5:16pm
£12,000 *(1-r)^2

=£12,000 *(1-0.10)^2

=?

- maths -
**katie**, Sunday, June 5, 2011 at 5:25pm
what is the answer

- maths -
**MathMate**, Sunday, June 5, 2011 at 5:39pm
If you have an answer that you'd like to double-check, feel free to post it for checking.

Otherwise try pencil and paper or a calculator.

...

=£12,000 *(1-0.10)^2

=$12,000 *0.90^2

=?

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