The answer is D. 1.601 * 10^9
Because it’s a fraction you could evaluate or simplify
400$
Explanation:
In 1992, the price is 28000$ and 9600$ in 1996 so in 4 years the value the car lost is 18400$
Dividing 18400 by 4 years we get 4600 depreciation value per year.
Between 1996 and 1998 there is 2 years
So in 1998 the value of the car will be:
9600 (value in 1996) - 2x4600 = 400$
Step-by-step explanation:
the answer is 25%
hope it helps!
