A car was worth $⁢18,750 five years ago. Today, it is worth $⁢11,755 What is the percent decrease in its value?

The car’s value decreased by $18,750 − $11,755 = $6,995. Divide the decrease by the original value and multiply by 100: ($6,995 ÷ $18,750) × 100 ≈ 37.3%. The percent decrease is 37.3 percent, choice B.

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