Dec 16, 2010 #1 V vcd93 New member Joined Dec 16, 2010 Messages 1 Reaction score 0 Points 1 the original purchase of a car is $25,000. Each year its value depreciates by 13%. 3 years after its purchase, what is the value of the car? Please help! I'm a little confused with what "n" is in A=P(1+(r/n)^nt
the original purchase of a car is $25,000. Each year its value depreciates by 13%. 3 years after its purchase, what is the value of the car? Please help! I'm a little confused with what "n" is in A=P(1+(r/n)^nt