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Q16: Question – Paper 3– June 2017
Q16: Question – Paper 3– June 2017
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Question
16)
The value of a new car is £18 000
The value of the car decreases by
Work out the value of the car after 5 years.
The value of a new car is £18 000
The value of the car decreases by
- 25% in the first year
- 12% in each of the next 4 years.
Work out the value of the car after 5 years.
[3 marks]