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 decreases per month. Round to the nearest hundredth

Answer 1

To find the decrease in value per month, we can divide the total decrease in value by the number of months:

$4000 / 12 = \boxed{333.33}$ (rounded to the nearest hundredth).