Question

Jose bought a new car 2 years ago for $18,000. The value of his car decreased exponentially by 17% and is now

valued at about $12,400.
Solve Part A please

Answer 1

Answer: D

Step-by-step explanation: On the first part, if it decreases by 17% each year, that means its value is 83% of what it was. You forgot to say that the car was bought 2 years ago.

Thus, the answer is D

For the second, just use the same logic to get 18000*0.75^4