Answer: 13.375% per year
Explanation:
1) Depreciation is the loss of value: $ 20,000.00 - $ 14,650.00 = $ 5,350
2) The percent of depreciation is amount of the depreciation divided by the value of the car when purchased, times 100.
That is (5,350 / $ 20,000) * 100 = 26.75 %
2) The rate is percent of depreciation per year:
depreciation rate = % of depreciation / number of years = 26.75% / 2 = 13.375% per year.
Answer:
37005
36740
35205
Step-by-step explanation:
Answer:
Initial Value=15
Rate of change=15/10=1.5
Equation: y=1.5x+15
Step-by-step explanation:
y=ax+b
y=1.5x+b
15=1.5(0)+b
b=15
