Question

Someone, please answer I´m in math and none of the classmates I know knows what to do. The value of a new car decreases by about 15% in the first year. How much will a car be worth after one year if its initial value was $1,000? $5,000? $5,020? x $$dollars?

and can you explain, please

Answer 1

1000=850 5000=4250 5020=4276

Explanation:

Multiply 1000, 5000, and 5020 by .15 to get 15 percent of what is taken away each year.