The value of a new car decreases by about 10% in the first year. How much will a car be worth after one year if its initial value was $40,000.
Pls help me 🙁
2 thoughts on “The value of a new car decreases by about 10% in the first year. How much will a car be worth after one year if its initial value”
Answer:
The value of a new car decreases by about 10% in the first year. How much will a car be worth after one year if its initial value was $40,000.
Pls help me 🙁
Step-by-step explanation:
Your car’s value decreases around 20% to 30% by the end of the first year. From years two to six, depreciation ranges from 15% to 18% per year, according to recent data from Black Book, which tracks used-car pricing. As a rule of thumb, in five years, cars lose 60% or more of their initial value
Answer:
The value of a new car decreases by about 10% in the first year. How much will a car be worth after one year if its initial value was $40,000.
Pls help me 🙁
Step-by-step explanation:
Your car’s value decreases around 20% to 30% by the end of the first year. From years two to six, depreciation ranges from 15% to 18% per year, according to recent data from Black Book, which tracks used-car pricing. As a rule of thumb, in five years, cars lose 60% or more of their initial value
Answer:
On internet you can find the answer