Respuesta :

Answer:

This would mean that the next year her car's value would go down by $2,625. The new value of the car would consequently be $34,875.

Step-by-step explanation:

Here is how you can solve this problem:

  • Okay, so first, let's find 7% of $37,500. To do this, the simple way would be to find first 1% of $37,500.

  • 1% of $37,500 is $375. This is because you are moving the decimal point two spaces to the left.

Now that we know that 1% of $37,500 is $375, let's multiply this value by 7.

  • 375 x 7 = 2625.

  • Subtract 2625 from 37,500.

  • You will get $34,875.

Let's say that the next year, her car value goes down by 7% again.

THIS IS THE IMPORTANT PART:

YOU FIND 7% OF THE NEW VALUE, NOT $37,500. YOU WOULD FIND 7% OF $34,875.

Hope this helps! :)

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