Mathematics, 16.11.2020 04:50 hardwick744
Two cars with the same purchase price are not worth the same amount at the end of the year. Some cars depreciate faster than others. A truck depreciates at 45% and a Jeep depreciates at 25% per year. Assume the initial purchase price is $19,000 and the total cost of ownership is $38,000. Use a spreadsheet to determine how much more the Jeep is worth in three years.
1. $3800
2. $10,400
3. $11,000
4. $11,400
Answers: 2
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Two cars with the same purchase price are not worth the same amount at the end of the year. Some car...
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