Question

Justin Davis sold a car that he had owned for 5 years for $1,200. He had paid $16,800 for the car. What was the rate of depreciation? Find the answer to the nearest whole percent.

Answer 1

depreciation = decrease in value

Answer 2

fyi

Answer 3

I know that its getting depreciated by $3120 each year does that help?

Answer 4

um so how did you get $3120?

Answer 5

3120/16800 * 100

Answer 6

gimme dem medal

Answer 7

hhahaha sure. :)

Answer 8

thank you :)

Answer 9

no problem