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MAXImum [283]
2 years ago
12

The value of a car decreases by 20 percent per year. Mr. Sing purchases a $22,000 automobile. What is the value of the car at th

e end of the second year?
$14,080
$17,600
$19,800
$26,400
Mathematics
2 answers:
kifflom [539]2 years ago
7 0

Answer:

$14,080

Step-by-step explanation:

You can use a formula for exponential decay, but since it is only 2 years, you can find 80% of the original value, and then 80% of the new value.

Original value: $22,000

Value after 1 year: 80% of $22,000 = 0.8 * $22,000 = $17,600

Value after 1 year: $17,600

Value after 2 years: 80% of $17,600 = 0.8 * $17,600 = $14,080

Answer: $14,080

Virty [35]2 years ago
4 0

Answer:

it is A , 14,080

Step-by-step explanation: edge 2021

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