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10-02-2021
Mathematics

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a cars value starts at $32,000. After 1 year, it is worth $27,200. What is the decay factor?

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10-02-2021

Answer:

15% × 7 = 1.05

32,000 - 1.05 = 31,998.95

31,998.95 ‐‐‐‐‐> 31,999

$31,999

(If you don't need to simplify, the answer would be $31,998.95, but I did it just incase you do)

Step-by-step explanation:

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