Yow bought a car worth of Php2,500,000 in 2010. The amount of the car continuous to depreciates at the rate of 1% every year. How much will it cost in 2018?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...
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Yow bought a car worth of Php2,500,000 in 2010. The amount of the car continuous to depreciates at the rate of 1% every year. How much will it cost in 2018?

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