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The value of a car decreases by 20 percent per year. Mr. Sing purchased a $22,000 automobile. What is the value of the car at the end of the second year?

The value of a car decreases by 20 percent per year. Mr. Sing purchased a $22,000 automobile. What is the value of the car at the end of the second year?
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The value of a car decreases by 20 percent per year. Mr. Sing purchased a $22,000 automobile. What is the value of the car at the end of the second year?

User Joane
by
8.0k points

1 Answer

6 votes

Answer:

26,400

Explanation:

22,000 × .20= 4,400

22,000-4,400= 17,600

User Ataman
by
8.3k points
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