so first you do 60,000 x .10 which equals $6,000. take away that amount and it now brings it to 54,000. next you're gonna multiply 54,000 by .10 to make it 5,400, subtract that and from 54,000 and it brings it down to 48,600. after 1 year the total value should go down to $54,000, which then in the 2nd year it would be another 10%. this would take away $5,400 and this then devalues the car's total to
Answer: ---> now $48,600 after 2 years.
