Ask Question
4 August, 12:06

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 answer to the nearest dollar.

+3
Answers (1)
  1. 4 August, 12:10
    0
    After 3 years it will be $9,400

    Step-by-step 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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “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 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers