Question

A car cost $25,750.00 and depreciates in value by 20% per year. How much will the car be worth after 5 years?

Answer 1

[AI-generated answer — Bot GPT 3.5]

The car depreciates by 20% each year, so it retains 100% - 20% = 80% of its value each year.

After 5 years, the car will retain 80% * 80% * 80% * 80% * 80% = 32.768% of its original value.
Therefore, the car will be worth 32.768% * $25,750.00 = $8442.72 after 5 years. Answer: \boxed{8442.72}.