Question

a new car is sold for its sticker value of $19,000.Three years later, the customer returns to the car dealership to trade the car in.She is told that her car now has a value of $12,105. What is the rate of decline in the value of the car?

Answer 1

2,333$ a year that is the anser

Answer 2

Doing the math, the answer is $2,333.