Question

The technology of a school was valued at $153,500 three years ago. It is now valued at $130,570.80. What was the depreciation percentage (%) rate over those years? (A = C(1 - r)t) A. 0.525% B. 5.20% C. 5.25% D. 5.30%

Answer 1

@iGreen

Answer 2

@iambatman

Answer 3

@mathmate

Answer 4

Use:
(1-r)^n=(depreciated value/old value)
where
r=annual depreciation rate
n=number of years.

Answer 5

i dont know the answer