You purchase a new car after graduating from college. Each year the assessed value of the car decreases by 6%. After five years, what is the total percentage decrease on the value of the car? Give
Your answer as a percentage rounded to the nearest tenth of a percent.
A) 25.0%
B) 26.6%
C) 30.0%
D) 33.4%
E) None of the above.

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The Answer of You purchase a new car after graduating from college. Each year the assessed value of the car decreases by 6%. After five years, what is the total percentage decrease on the value of the car? Give
Your answer as a percentage rounded to the nearest tenth of a percent.
A) 25.0%
B) 26.6%
C) 30.0%
D) 33.4%
E) None of the above.

You Purchase a New Car After Graduating from College