3 Jess bought a new car for £12 000. In the first year the value of the car depreciates by 20%. In the second year and the third year the car depreciates by 15% Work out the value of the car after three years.

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.3: Solve Mixture Applications
Problem 3.66TI: has $8,000 to save for his daughter’s college education. He wants to divide it between one account...
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3 Jess bought a new car for £12 000.
In the first year the value of the car depreciates by 20%.
In the second year and the third year the car depreciates by 15%
Work out the value of the car after three years.
Transcribed Image Text:3 Jess bought a new car for £12 000. In the first year the value of the car depreciates by 20%. In the second year and the third year the car depreciates by 15% Work out the value of the car after three years.
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