Question

A car is purchased for $25,500. After each year, the resale value decreases by 30%. What will the resale value be after 3 years?

Answer 1

Answer:

$2,550

Step-by-step explanation:

30% x 3 = 90% = 0.9

$25,500 x 0.9 = 22,950

$25,500 - $22,950 = $2,550