## Jeff buys a car for $28,000. the vehicle depreciates by 16% each year. Which of the following is the common ratio of the sequence representi

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## Answers ( No )

Find the value of the car in the next yearvalue next year = (100% – 16%) × 28,000

value next year = 84% × 28,000

value next year = 84/100 × 28,000

value next year = 23,520

The value of the car in the next year is $23,520

Find the ratioratio = value of next year/value of recent year

ratio = 23,520 / 28,000

ratio = 0.84

The ratio is 0.84, it’s the same with the percentage of value in the next year (84%)