Respuesta :
Answer:
4551.91
Step-by-step explanation:
Every year, the value goes down to 65% of what it was the previous year. (100-35 = 65)
25,500 x .65 = 16,575 (1 year)
16,575 x .65 = 10,773.75 (2 years)
10,773.75 x .65 = 7,002.94 (3 years)
7,002.94 x .65 = 4551.91 (Final year)
The end price is 4551.91
Answer:
The resale value after four years will be $4,552
Step-by-step explanation:
Year one:
35% of $25,500 = $8,925
$25,500 - $8,925 = $16,575
Year two:
35% of $16,575 = $5,801.25
$16,575 - $5,801.25 = $10,773.75
Year three:
35% of $10,773.75 = $3,770.8125
$10,773.75 - $3,770.8125 = $7,002.9375
Year four:
35% of $7,002.9375 = $2,451.028125
$7,002.9375 - $2,451.028125 = $4,551.909375
Round if allowed/needed:
Thousandth place: $4,551.909
Hundredth place: $4,551.91
Tenth place: $4,551.91
Nearest whole number: $4,552