Question

A new automobile costs $23,782, but after one year it is worth $17,668. What is the approximate percent of decrease in the value of the automobile?
Ms. Sue
(23,782 - 17,668) / 23,782 = ?

Multiply the decimal answer by 100 to get the percent decrease.

Related Questions

An automobile purchased for 24000 is worth 2100 after 8 years. Assuming that the car's value deprici... The value of a new car decreases by 35% in the first year. If a car costs $9,800 when new, how much... 7. Michelle is attending a university where tuition for one year costs $17,000. She has a scholarsh...