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)

Responses

0.003
0.003

−$333.33
negative 333.33 dollars

−0.003
negative 0.003

$333.33
$333.33

1 answer

To find the monthly decrease in the car's value, you can divide the total decrease in value by the number of months. The car's value decreases by $4,000 in 12 months.

The calculation is:

\[ \text{Monthly Decrease} = \frac{\text{Total Decrease}}{\text{Number of Months}} = \frac{-4000}{12} \]

Calculating that:

\[ \text{Monthly Decrease} = -333.33 (repeating) \]

So, rounding to the nearest hundredth, the monthly decrease in the car's value is \(-333.33\) dollars.

The correct response is:

−$333.33