Question

A car is purchased for $17,500. After each year, the resale value decreases by 20%. What will the resale value be after 5 years?

Use the calculator provided and round your answer to the nearest dollar.

Answer 1

17,500*20%= 3,500 of decrease each year by 5 (3,500x5) 17,500

17,500-17,500= o resale value

Explanation: