sredelkamp4 sredelkamp4
  • 03-06-2017
  • Mathematics
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A car depreciated by 25% during the first year. If the car was purchased for $28,000, what is the car worth today?

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kylekholman
kylekholman kylekholman
  • 03-06-2017
$21,000 because 25% of 28,000 is 7,000. So subtract 7,000 from 28,000 to get 21,000.
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irspow
irspow irspow
  • 03-06-2017
28000(100-25)/100

28000(75/100)

28000(0.75)

$21000
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