Answers Financial Math N/A — ExamQuestion 34

34

QuizMultiple Choice

N/A — Exam

Question 34 • Financial Math

A car was worth $⁢18,750 five years ago. Today, it is worth $⁢11,755 What is the percent decrease in its value?

Answer

A

62 point 7 percent

B

37 point 3 percent

C

22 point 9 percent

D

59 point 5 percent

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A car was worth $⁢18,750 five years ago. Today…