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30 September, 09:02

Car Value: In one year a new car decreased in value by 20%. If it sold for $19,400 when it was new, what was it worth after 1 year?

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  1. 30 September, 12:24
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    20% of $19,400 is $3,880

    ($19,400 / 5 = $3,880)

    subtract 20% from the original value

    ($19,400 - $3,880 = $15,520)

    it's now worth $15,520
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