Question

Car = V-8 sedan

Years driven = first and second

Miles driven = 15,500 miles first year and 14,500 miles second year

The cost of depreciation will be $
.

Answer 1

Notmeta is right 500 so
2 years and the miles driven so subtract the miles from each other 15,500-14,500/2= 1,000
1,000 divide the 2 years and you get 500.

Answer 2

The cost of depreciation will be (V-8) * 30,000(V−8)∗30,000
1Calculate the total miles driven over the two years: 15,500 + 14,500 = 30,000 miles
2Calculate the depreciation cost per mile: V-8
3Multiply the total miles driven by the depreciation cost per mile: (V-8) * 30,000(V−8)∗30,000

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Answer 28

To calculate the cost of depreciation, we can use the following formula:

Cost of Depreciation = (Initial Value - Final Value) / Total Miles Driven

Let's assume the initial value of the car is $30,000 and the final value after the second year is $20,000.

Cost of Depreciation = ($30,000 - $20,000) / (15,500 + 14,500) = $10,000 / 30,000 = $0.33 per mile

So, the cost of depreciation will be $0.33 per mile driven.