Question

Jane Marko buys a car for $43,900.00. In three years, the car depreciates 48% in value. How much is the car worth in three years? A. $21,950.00 B. $22,828.00 C. $22,000.00 D. $21,072.00

Answer 1

first we need to find out what is 48% of 43,900.00.
$43900 * \frac{48}{100} = 21072$
the car is 48% cheaper than three years ago so we need to subtract 21,072.00. from 43,900.00.
$43900 - 21072 = 22828$
B is correct

Answer 2

The answer is B. 22,828.00