Answer:
The value of x is 8.2%
Step-by-step explanation:
Here, we want to find the value of x
From the question, the car is with 59% of its initial value
What this mean is that within the space of that 5 years, the amount of value it has lost will be 100% - 59% = 41%
What this mean is that it has lost 41% in 5 years
The amount it loses per year of the 5 years will be;
41%/5 = 8.2%
