Question

A new car is purchased for $47,000 and over time its value depreciates by one half

Answer 1

Answer:

$1,500

Step-by-step explanation:

Divide the 23 years into 4.5, then take the $47,000 given and reduce it by 1/2 depending on the answer, then round.

In this case: divide 23 into 4.5. The result ends in 5.1. Reduce the $47,000 by 1/2 five times to get your result, the round it tp the nearest 100.

Hope this helps! :)