1 year = 3.6 % depreciation
100-3.6=96.4
so you do 35,865 ×0.964 = 34,573.86
so the price after a year is £34,573.86
to find out what the price is after 10 years you do 34,573.86 (0.964) to the power of 10
which equals £23961.73
I hope that was helpful :)
