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One survey estimates that, on average, the retail value of a mid-sized car decreases by 8% annually. If the retail value of a car is V dollars today, which expression represents the car’s value 1 year
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One survey estimates that, on average, the retail value of a mid-sized car decreases by 8% annually. If the retail value of a car is V dollars today, which expression represents the car’s value 1 year later?

User Kevin Potgieter
by
8.2k points

2 Answers

3 votes

Answer: 0.92v

Explanation:

User SteveTurczyn
by
8.3k points
1 vote
value in 1 year = V*0.92
User Avario
by
7.6k points
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