Mathematics, 20.01.2021 02:00 taquavienw

Mr. Galloway purchased a car for $20,000. The car retains 85% of its value each year. How much will the car be worth in 5 year? I checked online but $10,440.13 wasn’t the answer :( Someone Help please!

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Mr. Galloway purchased a car for $20,000. The car retains 85% of its value each year. How much will...