Question

One survey estimates that, on average, the retail value of a mid-sized car decreases by 8% annually. If the retail value of a car is V dollars today, which expression represents the car’s value 1 year later?

Answer 1

Let's start out by defining a few things.

1. "annually" is a "yearly"
2. V is the cost of the car in today's market value.

Now, it states that the car's price decreases annually. Meaning that the price goes down by 8% every year after the retail value was measured.

Given that your question says "which expression represents," you have a list of expressions, so I can't give you the expression.

I will say to look at the key point. "decrease"