Question

A car is purchased for $45000. It depreciates about 8% a year. What would the value be after 2 years?
$38,088
$42,016
$37,800
$36,072

D?

Answer 1

So 45000 x .92 = what is left after year 1,
then take that number
and x 0.92 and that is what is left in value of the car after year 2
So D is incorrect.
Try again : )

Answer 2

V = Vo(1-r)^2 = 45,000(1-.08)^2 = 38,088.

Answer 3

So what’s the answer🙈

Answer 4

Pretty sure it’s A

Answer 5

like actually the answer?!?

Answer 6

i put all my luck into anon's answer A and got it right on my quiz gracias amigo

Answer 7

It’s none of them. For me it was 19,557.48 with a margin of .01

Answer 8

bro its C

Answer 9

can yall choose an answer damn

Answer 10

um so the answer?