(22) Your company buys a new car for its top salesperson for a price of $ 29,763 . After losing 14 % of its value immediately off the lot, the car...

(22) Your company buys a new car for its top salesperson for a price of $ 29,763 . After losing 14 % of its value immediately off the lot, the car depreciates by 5 % each year. How much is the car worth after 5 years? Round your answer to the nearest whole dollar. Take all calculations toward the answer to three decimal places. 

Business Analysis 2372 homework help