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Jimmy bought a car in 2012 for $4,500. The car decreases by 12% of its value each year. How much will the car be worth in 2021? what’s the function.

Jimmy bought a car in 2012 for $4,500. The car decreases by 12% of its value each year. How much will the car be worth in 2021? what’s the function.
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Jimmy bought a car in 2012 for $4,500. The car decreases by 12% of its value each year. How much will the car be worth in

2021?
what’s the function.

User Lynchie
by
8.5k points

1 Answer

2 votes
12% of 4,500 is 540.
2012-2021 is 9 years
540x9 is $4860
$4,500 - $4,860 is is $-360
The answer is -$360
User Ponting
by
7.5k points
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