New car sales for $25,000 the value of the car decreases by 15% each year what is the approximate value of the car five years after it is purchased

New car sales for 25000 the value of the car decreases by 15 each year what is the approximate value of the car five years after it is purchased class=

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Answer:

approximately $18,984

Step-by-step explanation:

so 15% multiplied by 5 is 75%

25,000 multiplied by .75 is 18,750