Question

If I buy a car for $48,000 and it depreciates 15% in the first year. How
much is the car worth after I own it for a year?

Answer 1

Answer:

40,800

Step-by-step explanation:

48,000 • .15=$40,800

Answer 2

Should be 40,800 4,800(10%)+2,400(5%)=7,200……… 48,000-7,200=40,800