Question

A car depreciated (decreased in value) by 25% during the first year. If the car was purchased for $28,000, what is the car worth today?

Answer 1

Explanation:

A car depreciated (decreased in value) by 25% during the first year. If the car were purchased for $28,000, what is the car worth at the end of the first year?

Answer 2

The answer to your question is $21,000