Absolute and Relative Change The value of a car dropped from $25,000 to $23,400 over the last year. Determine the absolute and relative change in this sitation. Absolute Change: This car's value decreased by $ Round your answer to the nearest dollar. Relative Change: This car's value decreased by Round your answer to the nearest tenth of a percent. last year. % last year.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
ChapterP: Prologue: Calculator Arithmetic
Section: Chapter Questions
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Absolute and Relative Change
The value of a car dropped from $25,000 to $23,400 over the last year. Determine the absolute
and relative change in this sitation.
Absolute Change: This car's value decreased by $
Round your answer to the nearest dollar.
Relative Change: This car's value decreased by
Round your answer to the nearest tenth of a percent.
last year.
% last year.
Transcribed Image Text:Absolute and Relative Change The value of a car dropped from $25,000 to $23,400 over the last year. Determine the absolute and relative change in this sitation. Absolute Change: This car's value decreased by $ Round your answer to the nearest dollar. Relative Change: This car's value decreased by Round your answer to the nearest tenth of a percent. last year. % last year.
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