You paid $90 for a psychology textbook at the beginning of the semester. At the end of the semester you sell the textbook for $75. The textbook has depreciated

Name: You paid $90 for a psychology textbook at the beginning of the semester. At the end of the semester you sell the textbook for $75. The textbook has depreciated
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The textbook has depreciated by $15.00 because the original cost was $90 and the selling price was $75, resulting in a difference of $15.

You Paid $90 for a Psychology Textbook at the Beginning