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? A) 0.08V B)0.92V C)1.08V D)V-0.08
Please refer to your previous post. https://questioncove.com/study#/updates/63843363666312010e660400
I'm not good at math at all
Okay well, if the value is decreasing, you'll need to flip the percentage value. 100% is max, so 100%-8% is 92%, which, when multiplied by the cars value, is what the next year's value is.
I understand now
Join our real-time social learning platform and learn together with your friends!