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A new car purchased for $27,000 loses 15% of its value each year. what's the multiplier?

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asked Nov 16, 2017 60.8k views

5 votes

A new car purchased for $27,000 loses 15% of its value each year. what's the multiplier?

Mathematics
high-school

Jfocht asked

by Jfocht

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1 Answer

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0.85 because 100-15=85/100=0.85

Ncherro answered Nov 20, 2017

by Ncherro

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A new car purchased for $27,000 loses 15% of its value each year. what's the multiplier?

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