The value of a car is depreciating (going down) by about 44% per year. You could calculate the value of a car next year
Posted: Wed May 11, 2022 11:22 am
The value of a car is depreciating (going down) by about 44% per
year.
You could calculate the value of a car next year by taking its
current value, multiplying it by 44%, and then adding the result to
the current value to get next year's value, but you could find next
year's value in one step using a single multiplier:
Next year's value = _______ â‹…Current value
year.
You could calculate the value of a car next year by taking its
current value, multiplying it by 44%, and then adding the result to
the current value to get next year's value, but you could find next
year's value in one step using a single multiplier:
Next year's value = _______ â‹…Current value