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mariarad [96]
3 years ago
13

Solve the equation of exponential decay. Hugo sold his car after one year for $25,000. He bought it new for $29,400. What was th

e rate of depreciation?
Mathematics
2 answers:
kotegsom [21]3 years ago
6 0

Answer:

15%

Step-by-step explanation:

29,400-25,000 = 4,400

4,400/29,400 =0.14965

0.14965 x 100 = 14.965%

or round up to 15%

Leni [432]3 years ago
3 0

He bought for: $29,400

Sold for: $25,000

Calculate the difference

$29,400-$25,000

=4,400

Rate (%)

= 4400/100

44%

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