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At the end of any year a car is worth 5%
less than what it was worth at the beginning
of the year. If a car was worth $9 500 in
December 2016, then its value in January
2016 was

Respuesta :

Answer:

Step-by-step explanation:

Multiply $9500 by .05 (5%) to get 475. That is 5% of $9500. Now subtract 475 from 9500 to get 9025. That is your answer!  

The value of car in month of January is, [tex]\$ 9975[/tex]

Percentage :

It is given that, At the end of any year a car is worth 5% less than what it was worth at the beginning of the year.

Since, car was worth $9 500 in December 2016.

Then, the value of car in month of January is, 105 % of value of car in moth of December.

So that, value of car in month of January is,

                                     [tex]=9500*\frac{105}{100}\\ \\=9500*1.05=9975[/tex]

The value of car in month of January is, [tex]\$ 9975[/tex]

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