(Brainliest for correct) You have decided to buy a Honda Accord LX, but you are concerned about the value of the car depreciating over time. You search the Internet and obtain the following information. The suggested retail price is $20,025. The depreciation per year is $1,385. What is the value of the car in dollars for 1 year of ownership, and how did you get that answer?

Respuesta :

To find the value of the car after 1 year, subtract the amount it depreciates from the value of the car:

20,025 - 1,385 = 18,640

After 1 year the car is valued at $18,640

Answer:

$18640

Step-by-step explanation:

For year 1: Depreciated  value is $1385.

We will minus that amount from the actual worth of car i.e. $20,025

So,

= $20,025 - $1385

= $18640

Hope this helps you.