Question

assuming that the DVD player loses 60% of its value every year it is in a video store suppose the initial value of the DVD player was $80 what multiplier would you use to calculate the DVD players new valued

Answer 1

The multiplier you would use to find the new value would be 0.4.

The reason for this is that 100%-60% =40%. This is the part of the value it will keep. 40% is the same as 0.4.

This decimal represents the part of the original price that is it still worth.

The multiplier is 0.4 because that it what you would multiply $80 by to find the new value.