Question

You buy a new car for $22,000. The value of the
car decreases by 12.5% each year.

Answer 1

Thus the value of the car decreases by $2,750 every year.... Making it $19,250 in the first year and $16,500 in the second

Explanation:

12.5/100×22,000

2750

Answer 2

5,500 each year u take 22,000-12.5% and u get 5,500