A person purchased a used Chevrolet Cavalier for $4500. The car is expected to
decrease in value by 22% each year over
the next several years.
What would be the decay factor of a model
that would represent the value of the car?
1.22
0.78
-1.22
0.22

$1,219.5

Step-by-step explanation:

$1,219.5

Step-by-step explanation

Original price of car = $4500,

If the car depreciates by 10% after the first year

New price = 90% of 4500

New price = 0.9 * 4500

New price = £4050

Second-year

Price = 90% of 4050

Price = 0.9 * 4050

Price = $3,645

Third year:

Price = 90% * $3,645

Price = 0.9 * $3,645

Price = $3,280.5

Decrease in value = $4500 -  $3,280.5 = 1,219.5

Hence the  value of the car would have decreased by  $1,219.5 after 3 years

/

step-by-step explanation:

i would say true? if the unit was informational and it "refreshed your understanding", then true.