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15 June, 21:52

As soon as I knew cars purchased and driven away from the dealership it begins to lose its value or depreciate also bought a 1994 Plymouth neon for $9,559 one year later the value of the car was $8,500 what was the percent of the decrease of the value of the car

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  1. 15 June, 22:05
    0
    11.1%

    Step-by-step explanation:

    The percentage change in a value can be computed from ...

    %change = ((new value) / (old value) - 1) * 100%

    = ((8500/9559) - 1) * 100%

    = (0.8892 - 1) * 100%

    = - 11.08%

    The value of the car decreased about 11.1% in the first year.
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