Question

On your birthday you receive a new TV valued at $1199. The value of the TV decreases by 25% each year. What will its value be 4 years from now?

Answer 1

Answer: 74.93

Step-by-step explanation:   if you heard of the line equals line method this should be able to help you.  

299.75                     25%

---------------=------------------  

$1199                     100%      

so you cross multiply 1199 and 25 and then divide it by 100.   which would be 299.75 that is the price per 1 year then you divide that value by 4 and that will be your answer.  

299.75 divided by 4= 74.93  

hope this helps

Answer 2

Answer:

379.37

Step-by-step explanation:

I just did it the manual way

1199-25%=899.25

(25% of 1199 is 299.75)

899.25-25%=674.44

(25% of 899.25 is 224.81)

674.44-25%=505.83

(25% of 674.44 is 168.61)

505.83-25%= 379.37

(25% of 505.83 is 126.5)

I just took a test with this question