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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asked Aug 22, 2023 47.0k views

18 votes

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.

Mathematics
college

Kazuo asked

by Kazuo

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1 Answer

7 votes

Answer:

2340.

Explanation:

Given equations:

12% of 19500

19500 * 0.12

= 2340.

The monthly decrease is 2340.

Edwin Vermeer answered Aug 27, 2023

by Edwin Vermeer

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