One survey estimates that, on average, the retail value of a mid-sized car decreases by 8% annually. If the retail value of a ca
r is V dollars today, which expression represents the car’s value 1 year later?
A. 0.08V
B. 0.92V
C. 1.08V
D. V − 0.08
2 answers:
The retail value of a car is V dollars today, and it decreases by 8% a year.
100% - 8% = 92%
That means 1 year later, the value of the car is 92% * V
92% = 92/100 = 0.92
The value of the car one year later is 0.92V.
Your answer is B. 0.92V
Answer:
B. 0.92V
Step-by-step explanation:
that is the answer
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