Car Depreciation and Value Calculation
Interactive Video
•
Mathematics
•
9th - 10th Grade
•
Practice Problem
•
Hard
Thomas White
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of mathematical concept is being discussed in this problem?
Logarithmic growth
Exponential growth or decay
Quadratic growth
Linear growth
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the initial purchase price of the car in 2008?
$25,000
$15,000
$20,000
$17,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By what percentage does the car's value decrease each year?
30%
27%
20%
15%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you calculate the car's value after one year?
Subtract $17,000 by 0.27
Multiply $17,000 by 0.27
Add $17,000 to 0.73
Multiply $17,000 by 0.73
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the value of the car after one year if it was initially $17,000?
$14,000
$13,000
$15,000
$12,410
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you express the car's value after two years using the depreciation rate?
$17,000 multiplied by 0.73 twice
$17,000 multiplied by 0.27 twice
$17,000 divided by 0.27 twice
$17,000 divided by 0.73 twice
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What mathematical operation is used to represent repeated multiplication in this context?
Addition
Subtraction
Exponentiation
Division
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