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Person 3 bought a brand new car for $26,500. A year later the car had depreciated 19%. How much did the car depreciate? What is the value of the car now?

Person 3 bought a brand new car for $26,500. A year later the car had depreciated 19%. 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 $26,500. A year later the car had depreciated 19%. How much did the car depreciate?

What is the value of the car now?

asked
User Hongwei Xi
by
8.0k points

1 Answer

0 votes

Answer:

The car is worth $21,465. It depreciated by $5,035.

Explanation:

answered
User Darren
by
8.6k points
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