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Anonymous
Anonymous asked in Education & ReferenceHomework Help · 1 day ago

A car dealer marks down the price of his new cars by 3% for every month they sit on the lot unsold. If a car is priced at $24,099 on Janu..?

A car dealer marks down the price of his new cars by 3% for every month they sit on the lot unsold. If a car is priced at $24,099 on January 1st, what would its price be on May 1st?

1 Answer

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  • fcas80
    Lv 7
    1 day ago

    24099 * (.97^4) = 21334.67

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