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Person 3 bought a brand new car for $22,000. A year later the car had depreciated 23%. How much did the car depreciate? What is the value of the car now?

Person 3 bought a brand new car for $22,000. A year later the car had depreciated 23%. How much did the car depreciate? What is the value of the car now?
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Person 3 bought a brand new car for $22,000. A year later the car had depreciated 23%. How much did the car depreciate?

What is the value of the car now?

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User Elder Geek
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1 Answer

2 votes
So basically find 77% of the 22000 and then subtract that answer from 22000
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User Epicurist
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