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Mathematics 14 Online
OpenStudy (anonymous):

A vehicle was purchased for $45000 and sold for $28500 after 2 years and 3 months. Find its annual rate of depreciation. Answer: 18.4% problem- how do I get there?

OpenStudy (divanshu):

see whats the loss in value $(45000-28500) divide this by the time in years that is (2+3/12) years ..you get loss per year then find the percent age

OpenStudy (anonymous):

16500/.5?

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