Question

The value of a car depreciates by 40% each year. At the end of 2007 the value of the car was £3600 Work out the value of the car at the end of 2006 asap ples

Answer 1

Answer: $6,000

Step-by-step explanation: If set up correctly, the value of the car at the end of 2006 times 0.6 (because the car is losing 0.4 of its value, so it keeps 0.6 of its value) should get you the value of the car at the end of 2007.

The equation should look like this:

(value of the car at the end of 2006) x 0.6 = (value of the car at the end of 2007)

Then you substitute: (value at the end of 2006) x 0.6 = 3600

Then divide: (value at the end of 2006) = 0.6 ÷ 3600

Then substitute again: (value at the end of 2006) = 6,000

Hope this helped you! Feel free to ask me any questions!