PLEASE HELP HURRY GOVING BRAINIEST ANSWER!!



John bought a car for $16,000. After 5 years, he sold his car for $8,000. What percent did the price decrease in 5 years?

Respuesta :

didn’t it decrease 50%. it was at 16,000 and now at 8,000. 16/2=8 so i think it decreased 50%

Answer:

0.245

Step-by-step explanation:

8000=16000^x5

Using log properties you can see that the equation

log sub 1600 (8000) = 5x

take the log (1.22)

1.22=5x

/5

0.245=x

8000=final value

16000=buying price

5=time

x=percent decrease