Answer:
Compound interest
$5557.88
Step-by-step explanation:
Everything starts at 100% and since it depreciates you subtract 13.5 from 100 =86.5% now we want percentage as a decimal so we divide by 100=0.865 our multiplier
Now you have the original amount that you purchased for times by the multiplier to the power of number of years=10
23700 times 0.865 power of 10
=5557.88
