Answer:
$150
Step-by-step explanation:
Given
Price of car = $3000
Percent depreciation = 5%
Depreciation amount = 5% of $3000
Depreciation amount = 0.05 * 3000
Depreciation amount = $150
New value for the car = 3000 - 150
New value for the car = $2850
The value of the car devalued by $150
