Question

Suppose a car that sells for $40,000 depreciates 20% per year. How much did it cost initially?

Answer 1

20 percent of 40000

1/5×40000

8000

so, 40000+ 8000=48000

Answer 2

Answer:

Step-by-step explanation:

20 percent of 40000

1/5×40000

8000

so, 40000+ 8000=48000

Therefore it costs $48000