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12 May, 07:54

Jane Marko buys a car for $11,400.00. In three years, the car depreciates 48% in value. How much is the car worth in three years?

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  1. 12 May, 10:11
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    So we want to know what price will the car have after three years if the value of the car depricated for 48% and the initial value of the car is 11400$. So if the value of the car depricates by 48% that means new value is 52% of the initial value. So 0.52*11400$=5928$.
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