Trade-ins
Dietz owned a delivery van with a book value of $2,000.It traded this old van in on a new one which cost $16,000.The dealer allowed Dietz a trade-in allowance of $3,500 on the old van,and Dietz paid the remainder in cash.
Compute the following:

Question

Quizplus · Accepted Answer

The Answer of Trade-ins
Dietz owned a delivery van with a book value of $2,000.It traded this old van in on a new one which cost $16,000.The dealer allowed Dietz a trade-in allowance of $3,500 on the old van,and Dietz paid the remainder in cash.
Compute the following:

Trade-Ins Dietz Owned a Delivery Van with a Book Value of of $2,000.It