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The value of a car is $19,500. It loses 12% of its value every year. Find the approximate monthly decrease in value. Round your answer to the nearest tenth.

The value of a car is $19,500. It loses 12% of its value every year. Find the approximate monthly decrease in value. Round your answer to the nearest tenth.
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The value of a car is $19,500. It loses 12% of its value every year. Find the approximate monthly decrease in value. Round your answer to the nearest tenth.

User Kazuo
by
8.0k points

1 Answer

7 votes

Answer:

2340.

Explanation:

Given equations:

12% of 19500

19500 * 0.12

= 2340.

The monthly decrease is 2340.

User Edwin Vermeer
by
8.3k points
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