A phone plan has a limit of $25 that can be spent on text messages. The base cost of the text plan will cost a user $5. Each tex
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Answer:
13.9%
Step-by-step explanation:
The value of car is modeled as:
Here we can see that, each year Nathan has considered 0.861 of the previous year value or we can say that Nathan has considered 86.1% of the previous year value. So,
We subtract the percentage value considered from 100 to find out the percentage decrease in the value of the car.
The value of new car is decreasing by 13.9% each year.