Question

The value of a new car decreases by 35% in the first year. If a car costs $9,800 when new, how much less would it be worth at the end of the first year?

Answer 1

9,800*.65=$6,370(price now)

9,800-6,370=$3,430

Answer 2

$6,370.

Explanation:

The value of a new car = $9,800

Value of a new car decreases in the first year = 35%

So the decreased value of the car = 35% × 9,800

=
`(35)/(100)` × 9,800

= 0.35 × 9,800

= $3,430

The value of the car at the end of the year = $9,800 - $3,430

= $6,370

The value of the car at the end of the year would be $6,370.