Question

Solve using division of rational numbers. If a car’s value decreases by $4000 in the first 12 months, how much does the value decrease per month? (Round to the nearest hundredth.)(1 point)

Answer 1

To find the value decrease per month, we divide the total value decrease by the number of months.

Value decrease per month = Total value decrease / Number of months

Value decrease per month = $4000 / 12

Value decrease per month ≈ $333.33 (rounded to the nearest hundredth)

Therefore, the value decreases by approximately $333.33 per month.