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A car is purchased for $16,500. After each year, the resale value decreases by 30%. What will the resale be after 3 years?
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A car is purchased for $16,500. After each year, the resale value decreases by 30%. What will the resale be after 3 years?

A car is purchased for $16,500. After each year, the resale value decreases by 30%. What-example-1
User Pazof
by
7.2k points

2 Answers

5 votes

Answer:

$2425.50

Explanation:

16500×30/100=4950

16500-4950=11550

11550×30/100=3465

11550-3465=8085

8085×30/100=2425.50

8085-2425.50

=$5659.50

User Yamilette
by
8.2k points
5 votes
$6758

just took it the test
User Cody MacPixelface
by
7.3k points
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