Answer: $30,800
Step-by-step explanation: First you have to subtract 2026 - 2015, which is 11 years. Since it depreciates by 7% each year, you would multiply 7 by 11, which is 77. 77 is the percent of depreciation of the car. After that, you would divide 40000 by 100, which is 400. Then you multiply 400 by 77 to get you final answer.
