Question

Jane 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.$21,950.00
B.$21,072.00
C.$22,828.00
D.$22,000.00

Answer 1

So we want to know what is the value of the car after three years if the car depricates in value for 48% and we know that the initial value of the car is 43900$. So if the price depricates for 48%, that means the new value is 52% of the initial value so: 43900$*0.52=22828$. So C is the correct answer.