A Car Was Purchased in 1980 for $12,000

question 43

Multiple Choice

A car was purchased in 1980 for $12,000. Its value in current dollars depreciates steadily at a rate of 14% per year. What will the car's value be at the beginning of 2003?

• A) $1920.05
• B) $745.20
• C) $628.52
• D) $373.81

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Definitions:

Job

A group of related activities and duties.

Reactions Aspect

The component of an evaluation or study focusing on the responses or feedback of participants towards a particular subject or intervention.

Training Evaluation

The process of assessing the effectiveness and impact of training programs, usually involving measures of participant learning, behavior change, and organizational outcomes.

Organizational Strategy

A company's comprehensive plan to achieve long-term goals, align operations, and utilize resources effectively to gain a competitive advantage.