James buys a new car for £1000. Every year the value of the car decreases by 3%. If James bought the car in 2017 what would the value of the car be in 2021?

First work out how many years have passed since the car was bought. 2017-2021 is 4 years. Write an expression for the cost of the car after n years. Cost = 1000 * 0.97n. Write down an expression for the cost of the car after 4 years. Cost = 1000 * 0.974. Calculate the total cost. Cost = £885.29281 = £885.29

Answered by William G. Maths tutor

2194 Views

See similar Maths GCSE tutors

Related Maths GCSE answers

All answers ▸

Solve 8x+ 9 > 1 + 4x


There are 6 orange sweets and n total sweets in a bag. The probability of picking two sweets one at a time randomly and both being orange is 1/3. Show that n^2 - n - 90 = 0


What is Pythagoras' Theorem and how do you use it?


What is differentiation and what does it actually mean?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2024

Terms & Conditions|Privacy Policy
Cookie Preferences