Manny purchased a new car thos year for 20,500 dollars. the car is expected to depreciate at an annaul rate of 16%. about how much will manny's car be worth after 6 years ? round to the nearest dollar. answers : a)8602 b)7202 c)50,278 d)49,946

It will loose 16% every year
an easy ways is to do this

percetn meanns parets out of 100 so
16%=16/100=0.16
100-16=84 so
it will be worth 20,500 times 0.84 times 0.84 times 0.84 times 0.84 times 0.84 times 0.84 after six years=7201.61 which is rounded up to 7202

the answer is B 7202

Ibelieve the answer your looking for is d.