Please answer If a new car costs $25,000 and depreciates at a rate of 16% per year, what will be the value of the car in 5 years?The value of the car will be $ in 5 years.(Round to the nearest cent as needed.)

Name: Please answer If a new car costs $25,000 and depreciates at a rate of
Uploaded: 2024-03-20T07:07:37.000Z
Channel: Bartleby
Description: Please answer If a new car costs $25,000 and depreciates at a rate of 16% per year, what will be the value of the car in 5 years?The value of the car will be $ in 5 years.(Round to the nearest cent as needed.)