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10 July, 14:16

A used appliance store estimates that the value of an oven-range combination decreases by about 10% in the first year of use. If the original price of a one-year-old oven-range combination was $1,100, what is the value of the oven-range now?

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  1. 10 July, 16:06
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    Assuming that NOW represents 1 year of use, then the value of the oven-range is (1 - 0.10) ($1100), or 0.90 ($1100), or $990.
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