document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=601520>Question 601520</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I can't figure this out because it doesn't give you the value of the car ...\r<BR>\n" );
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document.write( "You purchase a new car after graduating from college. Each year the assessed value of the car decreases by 12%. after five years, what is the total percentage decrease on the value of the car?\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #379833 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=379833\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You purchase a new car after graduating from college. Each year the assessed value of the car decreases by 12%. after five years, what is the total percentage decrease on the value of the car? <BR>\n" );
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document.write( "Each year after the 1st the car is worth 0.88 of it's previous years value.<BR>\n" );
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document.write( "Ans: 0.88^5x = 0.528x:  52.8% of original value<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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