If your just figuring out how much the car depreciated just by driving off the lot new...1st year. $30,000×.30=$9,000
$30,000- $9,000=$21,000.
just take the brand new value of the car multiplied by the .30% of the 1st depreciation...take that answer ($9,000) and subtract it from your orginal value of $31,000.
if your just figuring out how much the car depreciated just by driving off the lot new...1st year.
$30,000×.30=$9,000
$30,000- $9,000=$21,000.
just take the brand new value of the car multiplied by the .30% of the 1st depreciation...take that answer ($9,000) and subtract it from your original value of $31,000.
first u have to add up all the numbers "12 + 2 + 9 + 12 + 10" and that's 45 then u have to divide by how many numbers there are, so there's 5 numbers. ur dividing "45/5" which is 9 so the mean is 9
