Question 1163334
let x = the cost of the car.
after 1 year, the value drops 20%.
x * (1 - .20) = .8 * x
after the second year, it drops another 10%.
.8 * x * (1 - .1) = .9 * .8 * x = .72 * x


if the original cost of the car was 120,000, then the value of the car at the end of the second year is .72 * that = 86,400.


if the original cost of the car was 12,000, then the value of the car at the end of the second year is .72 * that = 8,640.