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?
A) 0.08V
B)0.92V
C)1.08V
D)V-0.08

Answer 1

Please refer to your previous post.

https://questioncove.com/study#/updates/63843363666312010e660400

Answer 2

I'm not good at math at all

Answer 3

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.

Answer 4

oh

Answer 5

I understand now

Answer 6

Got it?

Answer 7

yup