Question

The value of a car reduces by 30% every 6 months. A car costs $15,000 when new. What is the value of the car after 2 years?

Answer 1

6 months goes into 2 years 4 times
30 x 4 = 120
120% of 15,000 is
100% is 1,500
10% is 150
150 x 2 = 300 (20%)
1,500+300=1,800
15,000+1,800=16,800
hope this helped