A car was bought new. In its first year, the value of the car decreased by 18%. At the end of the first year, the car was worth £10,824.
(a)Work out the value of the car when it was new.(2)
(b)In the car's second year, its value is expected to decrease by a further 15% (from its value at the end of the first year). Work out the expected value of the car at the end of the second year. Give your answer to the nearest penny.(2)
(Total for Question 10 is 4 marks)