mijawtf
contestada

Which of the following statements is correct? (Everfi)

A. Cars typically lose the most value in the first year after purchase.

B. House will always appreciate in value over the long-term.

C. Both A and B

D. Neither A nor B

Respuesta :

My best guess would be d.

Answer:

A. Cars typically lose the most value in the first year after purchase.

Step-by-step explanation:

A car is a machinery and with the constant usage of any machinery, it wears out faster. So, as a car is used on a daily basis, it is very much likely that its condition deteriorates and the machinery loses its market value. On an  average, cars can lose 15% to 20% of their value during the first year.