The value of a new car is £22 000 The value of the car decreases by 35% in the first year 14% in each of the next 5 years. Work out the value of the car after 6 years.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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The value of a new car is £22 000
The value of the car decreases by
35% in the first year
14% in each of the next 5 years.
Work out the value of the car after 6 years.
Answer £
Transcribed Image Text:The value of a new car is £22 000 The value of the car decreases by 35% in the first year 14% in each of the next 5 years. Work out the value of the car after 6 years. Answer £
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