A car depreciated (decreased in value) by 25% during the first year. If the car was purchased for $28,000, what is the car worth
1 answer:
Answer:
$21,000
Step-by-step explanation:
The cost of car=$ 28,000
A car is depreciated by 25%
Now, the price of car=$28000(1-)
The price of the car= $28000()
The price of the car= $28000()
The price of the car= $280×75
The price of the car= $21,000
The car worth today $21,000
Hence the correct answer is $ 21,000
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