Question

Jonathan's new car cost $29,000. After a year, the value of the car is $23,490. If the car depreciates by a fixed factor every year, what will be the value of the car two years after its purchase?

A. $23,985.90
B. $16,933.10
C. $19,026.90
D. $18,971.80

Answer 1

I think It would be C or B

Explanation:

Depending on the value of the car at first purchase.

Answer 2

C

Explanation:

23,490/29000=0.81

0.81*23,490=19026.90