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One survey estimates that, on average, the retail value of a mid-sized car decreases by 8% annually. If the retail value of a car is V dollars today, which expression represents the car’s value 1 year later?
A.
0.08V
B.
0.92V
C.
1.08V
D.
V − 0.08

1 answer

B. 0.92V
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