# The price of a car is P2M which depreciates by 5% at the end of each year. What is the price of the car during the fifth year?

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by ceijaslyn

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by ceijaslyn

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For me its 1,500,000

ill just get the 5% of 2M and multiply it by 5 and add the 2M.

ill just get the 5% of 2M and multiply it by 5 and add the 2M.