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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asked Sep 22, 2021 187k views

3 votes

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?

Mathematics
high-school

Joane asked

by Joane

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1 Answer

6 votes

Answer:

26,400

Explanation:

22,000 × .20= 4,400

22,000-4,400= 17,600

Ataman answered Sep 29, 2021

by Ataman

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