Question

On your birthday you receive a new TV valued at $1199. The value of the TV decreases by 25% each year. What will its value be 4 years from now?

Answer 1

Answer: 74.93

Step-by-step explanation:   if you heard of the line equals line method this should be able to help you.  

299.75                     25%

---------------=------------------  

$1199                     100%      

so you cross multiply 1199 and 25 and then divide it by 100.   which would be 299.75 that is the price per 1 year then you divide that value by 4 and that will be your answer.  

299.75 divided by 4= 74.93  

hope this helps