If the market value of a car was $6000 exactly 3 years ago, what is its current market value?
(1) starting at the time of purchase, the market value of the car depreciated at 20% of its purchase price per year;
(2) the current market value of a car manufactured in the same year is $2400.
Why the answer is E? I think (1) and (2) can be sufficient by their own, so my answer could be D.
Thank you!!作者: teyvhf 时间: 2004-8-13 12:38
(1)how much is the purchase price? Never mentioned.
(2)this $2400 car have no relation with the car in the question, without any comparison.
So the answer is E.
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