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Finger [1]
3 years ago
12

One survey estimates that,on average, the retail value of a mid sized car decreases by8% annually.if the retail value of a car i

s v dollars today,which expression represents the car value 1year later?
Mathematics
2 answers:
o-na [289]3 years ago
7 0

Answer:

0.92v

Step-by-step explanation:

Scrat [10]3 years ago
5 0
Percentage by which the average value of mid sized car decreases each year = 8%
Retail value of a car today = v dollars
Amount of decrease in the value of the car after 1 year = (8/100) * v
                                                                                         = 2v/25 dollars
Then
The equation that represents the value of the car after 1 year = v - (2v/25) dollars
                                                                                                   = (25v - 2v)/25 dollars
                                                                                                   = 23v/25 dollars
So following this expression the value of the mid sized car can be easily determined after 1 year. I hope this is the answer you were looking for and the procedure is also clear to you.
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