A certain car costs `$20,000.` If the car loses 15 percent of its value each year, approximately how much will the car be worth after 5 years ?

A certain car is known to deprecitate at a rate of 20% per year. The equation V(n)=p (x)^(n) can be used to calculate the value of the car, V. after n years where p is the purchase price. If the purchase price of the car is $25,000, to the nearest dollar, howmuch more is the car worth after 2 year than 3 years?

The value of a new car sis rs. 360000. If the value of the car decreases by 10% per annum in the first 2 years and then by 20% for each year, then what will be the value of the car after 3 years?

A car was purchased for Rs70000. If its value depreciates at the rate6% per annum,then what will be the value of car after 7 years[It is given that (0.94)^(7)=0.6482]

The cost price of a car is ? 400000. If its price decreases 10% every year, then what will be the cost of car after 3 yr?

The present value of a car is Rs 400000. If the value of the car decreases by 10% per annum, then find the value of the car after 3 years.

A sum of Rs. 12,000, deposited at compound interest becomes double after 5 years. How much will it be after 20 years ?