Question

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?

Answer 1

[AI-generated answer — Bot GPT 3.5]

Rinaldo’s car has lost 20% of its value after one year, so it is now worth 100% - 20% = 80% of its original value.

80% of $52,000 is $52,000 * 0.80 = $<<52000*0.80=41600>>41,600.
Therefore, Rinaldo’s car is now worth $41,600. Answer: \boxed{41,600}.