An extreme vehicle company buys off-roading 4-wheelers for $24,000. After a year, the 4-wheeler depreciates 8%. What is the amou
nt of this depreciation? A. $3,000 B. $2.000 C. $1,920 D. $19,200
1 answer:
Rewrite the percentage as a decimal:
8% = 8/100 = 0.08
Multiply the previous result by 24000:
24000*0.08 = $1920
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