In the question below, choose the expression or word which best completes each sentence:

The car owner does not think about the .... of his vehicle and the other payments involved in owning it

  • A transportation
  • B depreciation
  • C calculation
  • D appreciation
  • E association
jamb 1983english-language

The correct answer is B. depreciation

"depreciation" refers directly to the ongoing reduction in value/resale price of the asset over time. This loss of value is a principal cost owners must consider along with other expenses. 

Therefore, to best complete the financial cost context, the logical choice is "depreciation".  

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