A new car costs £12,000. It decreases in value by 5% each year for the first 5 years and then increases in value by 2% after that. How much does it cost after 7 years?

12,000 x 0.95^5=9285.37 7-5=2 9285.37x1.02^2=9660.50

Answered by Matilda P. Maths tutor

2768 Views

See similar Maths GCSE tutors

Related Maths GCSE answers

All answers ▸

Solve the following simultaneous equation for x and y: 2x + 5y = 8, 4x + y = 7


Rearrange the following formula to make x the subject. y=4x-7


Find the equation of the line passing through the point ( 2, −3) which is parallel to the line with equation y + 4x = 7


The equation of the line L1 is y=3x–2. The equation of the line L2 is 3y–9x+5=0. Show that these two lines are parallel.


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 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences