Answer:
The worth of the automobile after an year with 15% depreciation is $22,100.
Step-by-step explanation:
The current cost of the automobile car = $26,000
The percentage of depreciation = 15%
Now, calculating the depreciated amount:
15% of $26,000 = [tex]\frac{15}{100} \times 26,000 = 3,900[/tex]
So, the depreciated amount of the car in the next year = $3,900.
Now, the worth of the car after an year
= CURRENT WORTH - THE DEPRECIATED AMOUNT
= $26,000 - $3,900.
= $22,100
Hence, the worth of the automobile after an year is $22,100.
