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10 votes
A car loses a quarter of its value every year. It is originally woth $35,000. To the nearest dollar, how much will the car be worth in eight years?

a
$3,504
b
$5,872
c
$26, 250
d
$34, 998

User Rajan P
by
5.0k points

1 Answer

7 votes

Hello! Your answer would be B, 3,504

Step-by-step explanation:

So it states that a car loses a quarter of its value every year and it ask us to find in 9 years, A quarter is actually 25%, so we would have to divide 35,000 with 25 to find the first year.

Final Result: B

User Preethi Kumar
by
4.9k points