We cant answer this because we don't know the equation.
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2/3 or 0.6 repeating is the answer
The correct answer is false
Since the value decreases by 25% each time, the next cost is the current cost times 0.75 (since new cost is 75% of current cost).
To find the value of the book after x times sold, you can use:
Just plug in the number of times it is resold to find the value.