Question

At the end of any year a car is worth 5% less than what it was worth at the beginning of the year. if a car was worth $9500 in December 2016,then its value in January 2016 was?​

Answer 1

Answer:

$10,000.

Step-by-step explanation:

You divide by 95% ( = 0.95)

So it is 9500 / 0.95.

= 10000