Rinaldo bought a new car for $52,000 a year ago. A new car normally loses 20% of its value after one year. what is Rinaldo's car worth now?
Rinaldo's car would be worth 80% of its original value after one year because 100 - 20 = <<100-20=80>>80
The car is now worth $41,600 because 52,000 x .8 = <<52000*.8=41600>>41,600. Answer: \boxed{41600}.