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Cars lose value over time. Every decade, their value decreases by 1/2. A car is bought for $43,995. How much is it worth in 3 decades? Round to the nearest cent!

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Answer:

The car is $5,499.38 in three decades.

Step-by-step explanation:

Cars lose value over time. Every decade, their value decreases by 1/2. A car is bought for $43,995. How much is it worth in 3 decades? Round to the nearest cent!

First Decade: $43,995 * 1/2 = $21,997.50

Second Decade: $21,997.50 * 1/2 = $10,998.75

Third Decade: $10,998.75 * 1/2 = $5,499.375 ≈ $5,499.38

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