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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…

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…
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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 Klimaat
by
8.3k points

2 Answers

6 votes
V*(0.92) is the answer
hope it helps
User Ergoon
by
8.1k points
3 votes
value in 1 year = V*(0.92)
User Vojto
by
8.7k points
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