A car is purchased for $23,500. After each year, the resale value decreases by 25%. What will the resale value be after 3 years? Use the calculator provided and round your answe…

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asked Jun 9, 2021 218k views

2 Answers

Najathi · Answer 1 · 2021-06-10T03:14:48+0000

Answer:

After 3 years it will be $9,400

Explanation:

First multiply 23,500 by .20 and get 4700. Now multiply by 3 which is 3 years and it equals 14,100. Now subtract from 23,500-14,100 and get 9,400.