3. Sam has purchased a $30,000 car for his business. The car depreciates 30% every year. Depreciation means the value of the car goes down by that percent each year. What will be the value of the car after the 5th year? Note: The car is 0 years old when purchased so the first year is the second entry in the sequence.

3. Sam has purchased a $30,000 car for his business. The car depreciates 30% every year. Depreciation means the value of the car goes down by that percent each year. What will be the value of the car after the 5th year? Note: The car is 0 years old when purchased so the first year is the second entry in the sequence.

Name: 3. Sam has purchased a $30,000 car for his business. The car deprecia
Uploaded: 2024-03-20T06:38:58.000Z
Channel: Bartleby
Description: 3. Sam has purchased a $30,000 car for his business. The car depreciates 30% every year.Depreciation means the value of the car goes down by that percent each year. What will be the valueof the car after the 5th year? Note: The car is 0 years old wh