Two cars with the same purchase price are not worth the same amount at the end of the year. Some cars depreciate faster than others. A truck depreciates at 45% 45 % and a Jeep depreciates at 25% 25 % per year. Assume the initial purchase price is $19,000 $ 19,000 and the total cost of ownership is $38,000 $ 38,000 . Use a spreadsheet to determine how much more the Jeep is worth in three years.