The value of a new car in 2015 was 40,000 dollar. It depreciates each year by 7%. How much will the car be worth in 2026?

$30,800

Step-by-step explanation: First you have to subtract 2026 - 2015, which is 11 years. Since it depreciates by 7% each year, you would multiply 7 by 11, which is 77. 77 is the percent of depreciation of the car. After that, you would divide 40000 by 100, which is 400. Then you multiply 400 by 77 to get you final answer.

step-by-step explanation:

you divide the denominator by the numerator on both sides and if the quotients are equal then the fractions are equivalent

i hope this is what you were looking for.

see attached graph