jakenaber267
Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

The value of a car dropped from $23,600 to $21,900 over the last year. Determine the actual and relative change in this situation.


Actual Change: ? This car's value decreased by $

last year.

Round your answer to the nearest dollar.


Relative Change: ? This car's value decreased by

% last year.

Round your answer to the nearest tenth of a percent.

Sagot :

Answer:

The actual change in the car's value is $[tex]1700[/tex] and the relative change is [tex]7.20[/tex]%.

Step-by-step explanation:

It is given that the value of a car is dropped from $[tex]23600[/tex] to $[tex]21900[/tex].

So, the change in the value is the drop in the value of car, which is, [tex]23600-21900=1700[/tex].

So, the actual change in this car's value is $[tex]1700[/tex].

The relative change can be given by the expression,

[tex]\dfrac{\:\rm{Actual Change}}{\:\rm{Original Value}}\times100[/tex]

Substituting values, the relative change can be given by,

[tex]\begin{aligned}\dfrac{1700}{23600} \times 100&=\dfrac{1700}{236}\\&=7.20\end{aligned}[/tex]

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.