Answer:
The value of the car would be $400 at the start of 2017.
Explanation:
At the start of 2014 Mike's car was worth = $12,000
The value of the car decreased by 30% every year.
We have to figure out the value of the car after 3 years at the start of 2017.
=
= 12000 × 0.3
= $4000
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4000 x 0.3 = 1200.
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1200 x 0.3 = 400
So the value of the car would be $400 at the start of 2017.