Question

A type of new car loses 20% of its value in its first year.

Answer 1

Answer:

After a year, your car's value decreases to 81% of the initial value. After two years, your car's value decreases to 69% of the initial value. After 3 years, your car's value decreases to 58% of the initial value.

Answer 2

Answer:63%

Step-by-step explanation:

if 2years=25%loss

Then 5years=5/2×25%

=62.5%~63%