Question

a grandfather purchased a brand new car in 1958 for ​$2500.the car depreciated ​$325 a year. what would the car be worth 4 years after it was​ bought?

Answer 1

The car would be worth 1200 dollars


so basically, we have $325 depreciated per year. We have 4 years of that, which means $325 yearly x 4 years = 1300. So the car lost 1300 dollars in value meaning that the car is now worth 1200.

Hope this helped!

Answer 2

The car would be worth 1200.

Explanation:

Okay, the way to solve this type of question is quite simple,

you would start with the amount is lost per year being $325 a year, then multiply that by the 4 years grandpa waited and then subtract the overall amount lost in worth of the car from the original price and you got your answer.

The math: 2500-(325*4)=1200