Answer : The rate of depreciation is, $16000
Step-by-step explanation :
Formula used to calculate the rate of depreciation is:

Given:
Purchase price of asset = $15000
Salvage value = $7000
Estimate life asset = 3 years
Now put all the given values in the above formula, we get:

Deprecation rate = $16000
Therefore, the rate of depreciation is, $16000
Answer:
Step-by-step explanation: I would say y=x+2 or 2 because every number that you add 2 to, it gives you the solution which is the second number
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Answer: The answer is NO.
Step-by-step explanation: The given statement is -
If the graph of two equations are coincident lines, then that system of equations will have no solution.
We are to check whether the above statement is correct or not.
Any two equations having graphs as coincident lines are of the form -

If we take d = 1, then both the equations will be same.
Now, subtracting the second equation from first, we have

Again, we will get the first equation, which is linear in two unknown variables. So, the system will have infinite number of solutions, which consists of the points lying on the line.
For example, see the attached figure, the graphs of following two equations is drawn and they are coincident. Also, the result is again the same straight line which has infinite number of points on it. These points makes the solution for the following system.

Thus, the given statement is not correct.