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ane Marko buys a car for $43,900.00. In three years, the car depreciates 48% in value. How much is the car worth in three years? A. $22,000.00 B. $21,072.00 C. $21,950.00 D. $22,828.00
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ane Marko buys a car for $43,900.00. In three years, the car depreciates 48% in value. How much is the car worth in three years? A. $22,000.00 B. $21,072.00 C. $21,950.00 D. $22,828.00

User Crunchy
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2 Answers

3 votes
The car would be worth $22, 828.00 in three years
User FTWinston
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7.8k points
5 votes
D
Original price is = $43,900
Depreciation = 48% = $21,072

Value of the car after 3 years is = $43,900 - $21,072 = $22,828

Or you could simply multiply 52% with the original price to find out the price after 3 years.
0.52 x $43,900 = $22,828
User Hairo
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8.8k points
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