A car worth $24,999 loses 20% of its value every year. What would the value of the car be exactly 5 years after it was purchased?

asked Feb 21, 2021 26.7k views

4 votes

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5 votes

Answer:

It would be $24,998

Explanation:

If you subtract 24,999 by 0.20 5 times you will end up with 24,998

AbdulKareem answered Feb 25, 2021

7.6k points

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