asked 184k views
5 votes
Suppose you bought a car for $63,765 and the value of the car has decreased by 44%. What is the new value of the car? Round your answer to the nearest hundredth.

1 Answer

3 votes

Answer:

Explanation:

If the value of the car has decreased by 44%, it still retains 56% of its value. Thus, the solution for the depreciation is 63,765(.56) = $35,708.40

answered
User LionC
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