Answer: $13,119.75
Step-by-step explanation:
We can calculate the depreciated value using the formula:
Depreciated value = Original value - (Depreciation rate * Original value)
Substitute the given values into the formula:
Depreciated value = $15,300 - (0.1425 * $15,300)
Simplify:
Depreciated value = $15,300 - (0.1425 * $15,300)
= $15,300 - $2180.25
= $13,119.75
The depreciated value of the car is $13,119.75.
