Solve using division of rational numbers. If a car’s value decreases by $4,000 in the first 12 months, how much does the value decrease per month? (Round to the nearest hundredth.)(1 point)

Question

Responses

0.003
0.003

−0.003
negative 0.003

$333.33
$333.33

−$333.33

Answer 1

To find how much the car's value decreases per month, you need to divide the total decrease in value by the number of months.

The car's value decreases by $4,000 in the first 12 months. Therefore:

\[ \text{Decrease per month} = \frac{\text{Total decrease}}{\text{Number of months}} = \frac{-4000}{12} \]

Calculating this:

\[ \text{Decrease per month} = -333.33 \]

So, rounding to the nearest hundredth, the value decreases by \(-$333.33\) per month.

The correct response is \(−$333.33\).