The cost of a car , purchased 2 years ago depreciates at the rate of 20% every year If - Maths - Compound Interest

Question

The cost of a car , purchased 2 years ago depreciates at the rate
of 20% every year If its present worth is ?315600, find : It's
purchase price and it's value after 3 years

MD. Akram · Accepted Answer

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The cost of a car , purchased 2 years ago depreciates at the rate of 20% every year. If its present worth is ?315600, find. : It's purchase price and it's value after 3 years