jdransaw jdransaw
  • 22-05-2020
  • Mathematics
contestada

A general rule-of-thumb for used car dealers is that the trade-in value of a car decreases by 30%
each year. How much will a $25,000 car be worth in 6 years?

Respuesta :

Conrad9
Conrad9 Conrad9
  • 22-05-2020

Answer:

-$20,000

Step-by-step explanation:

30% of $25,000 is $7,500 Therefore..

$7,500 x 6 = $45,000 ( 6 being the years )

$45,000 - $25,000 = $20,000

Hope this helps.

-Conrad

Answer Link

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