SOLUTION: Can you help me solve this? In 5 years a person’s car decreases in value of 25%. After 10 years the value of the car decreases from its previous estimate by 30%. What will be th

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Can you help me solve this? In 5 years a person’s car decreases in value of 25%. After 10 years the value of the car decreases from its previous estimate by 30%. What will be th      Log On


   



Question 457913: Can you help me solve this?
In 5 years a person’s car decreases in value of 25%. After 10 years the value of the car decreases from its previous estimate by 30%. What will be the final value of the car if the car was purchase for $13,500?

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Say the purchase price was x
given:
After 5 yrs, the car is worth +x+-+.25x+
After 10 yrs, the car is worth +x+-+.25x+-+.3%2A%28x+-+.25x%29+
+x+-+.25x+-+.3x+%2B+.075x+
+.45x+%2B+.075x+
+.525x+
+x+=+13500+
+.525%2A13500
This is answer- I don't have calculator