1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SIZIF [17.4K]
3 years ago
12

Timothy paid $14,850 for a used car 4 years ago. Because he did not properly maintain the car, he sold it for $3,960. What was h

is average annual depreciation?
Mathematics
1 answer:
TEA [102]3 years ago
8 0

Answer:

Depreciation rate = 16.32%

Step-by-step explanation:

First we calculate the annual depreciation of the car

Annual Depreciation = (Cost of  car – Net Scrap Value of car)/Useful Life

Details

Cost of Car= $14850

Net scrap Value of car= $3,960

useful Life=4

Thus: Annual Depreciation = ($14850-$3,960)/4

                                            = $2,722/year (Annual Depreciation)

Rate = Annual Depreciation/Cost of car X 100%

       = $2,722/$14,850 X 100%

Depreciation rate = 16.32%

You might be interested in
Create and solve a system of equations and solve for x and y.
Helga [31]

Answer:

Step-by-step explanation: x+4-5=y

8 0
2 years ago
9+4x-5+12x-3x I am sooooo bad at math can I get some help please?!☹
Ghella [55]
13x+4
Combine like terms
If there is a minus sign count it as a negative
5 0
2 years ago
Read 2 more answers
Im an hour late, once again.. but i got the points<br><br> remember 10am and 3pm est
Iteru [2.4K]

Answer:

uh ok :

Step-by-step explanation:

3 0
3 years ago
which of these is an example of a discrete random variable? A. Time worked on a job B. Weight of a child C. First digit of a pho
sergiy2304 [10]

es la c

agddfuygafgaufkgydkuyfegag

4 0
3 years ago
Read 2 more answers
What are the next two numbers 0.06, 0.12, 0.18
Alex Ar [27]
The next two numbers are 0.24 0.36 Your just adding 0.06. 
Hope this helped you!
6 0
2 years ago
Other questions:
  • Find the measure of each acute angle in a right triangle where the measure of one acute angle is 3 times the sum of the measure
    7·1 answer
  • Orrin had $541.06 in his checking account, and a check that he wrote to his landlord for $560.00 was just deposit?
    9·2 answers
  • There are 40 marbles in a bag if 14 if the marbles are red what percent of the marbles in the bag are red
    5·1 answer
  • Find an equation of the line perpendicular to the graph of l4x-y 8 that passing through the point at (-2, 5)
    8·1 answer
  • The balance of Bryce's account is $16 Jada's is $5 overdrawn. What is the difference between thei account balances?
    7·1 answer
  • Which is true 0.45&gt;0.5<br>0.45&lt;0.5<br><br>4.05=0.45<br><br>4.05 &lt;0.45
    13·1 answer
  • 3. Apply what you have learned to answer the following question. Select the correct choice
    15·1 answer
  • Which is NOT a perfect square
    6·2 answers
  • Find Cecilia’s average monthly income if her biweekly take-home pay is $764.00. Help please. Will give braineliest
    14·2 answers
  • A politician has $4,200 to buy TV advertisements. If each advertisement costs $700, how many advertisements can the politician b
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!