Question

When ava bought her car, it was worth 19,340. it was expected to decrease at a rate of 12.5% each year. what is the best prediction for value of avas car 10 after she bought it

A.8173
B.6840
C.5088
D.2418

Answer 1

19340 * (1-0.125)^10 =

19340 * 0.875^10 =

$5087.88 round to 5088