He Mercedes S-Class luxury vehicle depreciates by 32.4% after just one year. The starting price in 2015 was $70,000.

What is the depreciation amount after one year for the Mercedes S-Class vehicle?

 the depreciation amount after one year for the Mercedes S-Class vehicle is $22,680 .

Step-by-step explanation:

Here we have , he Mercedes S-Class luxury vehicle depreciates by 32.4% after just one year. The starting price in 2015 was $70,000. We need to find What is the depreciation amount after one year for the Mercedes S-Class vehicle. Let's find out:

The starting price in 2015 was $70,000 , let's find price after one year i.e. in 2016 when Mercedes S-Class luxury vehicle depreciates by 32.4%  ,According to question following equation is framed as :

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Therefore ,  the depreciation amount after one year for the Mercedes S-Class vehicle is $22,680 .

were is the equation

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step-by-step explanation:

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