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ANEK [815]
3 years ago
5

How do I solve this

Mathematics
1 answer:
NemiM [27]3 years ago
6 0
Old - new is 1 so than after that it would be 1/5 than 1/5 x 100 = 20%

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Daniel Potter bought a new car for $20,000.00. Two years later, he wanted to sell it. He was offered $14,650.00 for it. If he so
olga_2 [115]
Answer: 13.375% per year

Explanation:

1) Depreciation is the loss of value: $ 20,000.00 - $ 14,650.00 = $ 5,350

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That is (5,350 / $ 20,000) * 100 = 26.75 %

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Airida [17]

Combine the two equations in the right amounts to eliminate y :

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2 years ago
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