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Nikos paid $22,500 for a new car. Over the next 3 years the value of his dropped $3750. How much did the value of the car drop each year on average?

Nikos paid $22,500 for a new car. Over the next 3 years the value of his dropped $3750. How much did the value of the car drop each year on average?
asked 148k views
23 votes
Nikos paid $22,500 for a new car. Over the next 3 years the value of his dropped $3750. How much did the value of the car drop each year on average?

asked
User Geodex
by
9.0k points

1 Answer

9 votes

Answer:

about $1250 per year.

answered
User Joao Delgado
by
7.8k points
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