Stefan is buying a new car valued at $18,210. it is expected to depreciate an average of 14% each year during the first 4 years. what is the value of stefan's car predicted to be in 4 years.

The value of Stefan's car is predicted to be in 4 years is $9961.01.

Given

Stefan is buying a new car valued at $18,210.

It is expected to depreciate an average of 14% each year during the first 4 years.

A decrease in the actual cost is called depreciation.

The formula is used to calculate depreciation is;

Substitute all the values in the formula;

Hence, the value of Stefan's car is predicted to be in 4 years is $9961.01.

To know more about Depreciation click the link given below.

link

can someone answer this question plz

step-by-step explanation:

step-by-step explanation:

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