Answered

Martha purchased a car for $17,500. The value of a car decreases by 7% each year.

What would be the annual multiplier and if the trend continues how much would the car be worth in 9 years

Answer :

Answer:

9 years = .000000706$

Step-by-step explanation:

convert 7% to decimal 0 .07

17,500 x .07 = 1,225

1 year 1,225

2 year 85.75

3 year 6.0

4 year .42

5 year .029

6 year .002

7 year .000144

8 year .000010088

9 years = .000000706$

Other Questions