Mrs. Herring buys a car for $28,750 and the value of the car decreases at 12.5% each year. How much is her car worth after 5 yea
rs?
1 answer:
Answer:
$14,746.13
Step-by-step explanation:
28,750(1-.125)^x
The reason why it is .125 instead of 12.5 is beacuse you have to move the decimal over.
and you will get the answer of $14,746.13
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