Question

Determine the value of a new ATV after 4 years if

its original price is $550 and its value decreases
by 7% each year.
.

PLEASE show work​

Answer 1

Answer: $396

Explanation:

Step 1: Write your equation: $550- ($550 × .07) ×4

Step 2: Solve your equation: $550- ($550 × .07) ×4

$550-$38.5×4

$550-$154

$396