A used appliance store estimates that the value of an oven-range combination decreases by about 10% in the first year of use. If

Question

4 years ago

5

the original price of a one-year-old oven-range combination was $1,100, what is the value of the oven-range now?

2 answers:

Nutka1998 [239] · Answer 1 · 2021-12-02T11:31:05+03:00

Answer:

The answer is $990.

Step-by-step explanation:

A used appliance store estimates that the value of an oven-range combination decreases by about 10% in the first year of use.

So, when the original price of a one-year-old oven-range combination was $1100, then after 1 year the value will be :

$1100-(0.10\times1100)=990$ dollars

The answer is $990.

leonid [27] · Answer 2 · 2021-12-02T09:18:27+03:00

leonid [27]4 years ago

3 0

Assuming that NOW represents 1 year of use, then the value of the oven-range is (1 - 0.10)($1100), or 0.90($1100), or $990.