Question

Sanjay bought a car for $18,500. According to his insurance company, the value of the car depreciates 5% each year. What will the value of the car be x years after sanjay purchased it?

Answer 1

When you divide 5% of $18,500 and get and answer of $925. Then that is the value of the car after one year, but if it is multiple years that you want to find the value of the car you need to put an x behind the answer like this: $925x. That would be your final answer.  

Answer 2

The value of the car after x years will be 925.
5% = 0.05

18,500 x 0.05 = 925.

hopefully i helped u