Question

The Mercedes S-Class luxury vehicle depreciates by 32.4% after just one year. The starting price in 2015 was $70,000. What is the total value for this vehicle after one year?

Answer 1

First we need to change the percentage to a decimal so that we are able to use it to solve for the depreciation amount. We do this by dividing by 100:

Now that we have the decimal form, we can multiply this decimal by the original amount of the vehicle:

0.324*$70,000=$22,680

So now we know that the depreciation amount for this Mercedes is $22,680.

hope this helps you ✌️

Answer 2

Step-by-step explanation:

value of Mercedes car in 2015=(100-32.4)/100 ×70000

=676×70

=$47320

HOPE IT HELPS YOU OUT ❤