Submit a question to our community and get an answer from real people.
Submit

Joel's car has depreciated by 39% over the past few years. How much is his car worth today if he originally bought it for $25,689.46?

Report as

Above answer is wrong. You would need to subtract the 10,018.89 from the original value since is declined by 39%. Another option is to subtract 39 from 100 and you get the correct value is equal to 61% of the original cost. So multiply the original cost by .61 to find your answer.

Helpful Fun Thanks for voting Comments (0)
Report as
Add a comment...

Joel's car would be worth $10.018.89 after the depreciation over the past few years.

Helpful Fun Thanks for voting Comments (0)
Report as
Add a comment...
Do you have an answer?
Answer this question...
Did you mean?
Login or Join the Community to answer