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juin [17]
2 years ago
10

A car is purchased for 28,000 after each year, the resale value decreased by 25% what will be the resale value be after 3 years?

Mathematics
1 answer:
alisha [4.7K]2 years ago
8 0

Answer:

11,812.5

Step-by-step explanation:

25% = 0.25

(YEAR ONE)

28,000*0.25 -- > 21,000

↓ (why?)

28,000 * 0.25 = 7,000

28,000 - 7,000 = 21,000

(YEAR TWO)

21,000 * 0.25 -- > 15,750

↓ (why?)

21,000 * 0.25 = 5250

21,000 - 5,250 = 15,750

(YEAR THREE)

15,750 * 0.25 -- > 11,812.5\\

↓ (why?)

15,750 * 0.25 = 3,937.5\\15,750 - 3,937.5 = 11,812.5

Answer = 11, 812.5

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