document.write( "Question 1188433: 1:A car loses one half of its value during first year of usage and thereafter loses 8% of its value in each year.calculate it's book value at the end of three year (gives its value as the percentage of original value) \n" ); document.write( "
Algebra.Com's Answer #819511 by ikleyn(52832)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( " \r\n" ); document.write( "\r\n" ); document.write( "At the end of the third year the book price will be \r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " 0.5*(1-0.08)*(1-0.08) = 0.5*0.92*0.92 = 0.4232 of the original price,\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "or 42.32% of the original price. ANSWER\r\n" ); document.write( "\r \n" ); document.write( "\n" ); document.write( "Solved, answered and explained.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |