Initial cost = 16000
depreciation rate = 35%
remaining value = 2000
depreciation over one year = 16000*35% = 5600
5600*2 = 11200 + 5600*6\12 = 2000
The car is aged 2.5 years, accounting for two full years and an additional half year of depreciation.
7 hours 12 minutes
6 hours 46 minutes
6 hours 53 minutes
--------------------------sum
Total: 19 hours 111 minutes, which converts to (19 × 60) + 111 = 1140 + 111 = 1251 minutes
Calculate average time by dividing by 3: 1251 / 3 = 417 minutes, equivalent to 6 hours 57 minutes, which is the average delivery duration.