Question: Compare the two cars below. Which one will be worth more at the 6-year mark? Honda Accord, $28,000, depreciates at 12% each year. Audi Q7,

Compare the two cars below. Which one will be worth more at the 6-year mark? Honda Accord, $28,000, depreciates at 12% each year. Audi Q7, $40,000, depreciates at 18% each year.

a. After 6 years, they are worth about the same.

b. After 6 years, the Honda is worth more than the Audi.

c. After 6 years, the Audi is worth more than the Honda.

d. There is not enough information to determine which car will be most valuable after 6 years.

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