Answered

he Mercedes S-Class luxury vehicle depreciates by 32.4% after just one year. The starting price in 2015 was $70,000.

What is the depreciation amount after one year for the Mercedes S-Class vehicle?

Answer :

Stryfer

Answer:

$22,680

Step-by-step explanation:

If the total price, $70,000 is 100% of the car's value, then we simply multiply by 32.4% (0.324) to find the amount that it depreciates by in one year.

[tex]70,000*0.324=22680[/tex]

Officialalehpeter

Answer:

47320

Step-by-step explanation:

The actual price is$70000

It depreciates by 32.4%

Which means that the price reduced by 32.4%

So let's solve

It will be

32.4/100 ×70000

32.4×700

22680

The actual price is decreased by 22680

So determine the amount he later bought the car

It will be

70000-22680

47320

Therefore the final answer is 47320

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