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3 years ago

From the following information, determine the average yearly depreciation.

Mathematics

2 answers:

Setler [38]3 years ago

4 0

Average Yearly Depreciation = 291.67

xeze [42]3 years ago

3 0

Answer:

Average yearly depreciation of the car is $291.67

Step-by-step explanation:

Cost of the used car = $3000

Trade in value of the car is given as $1250.

Duration for which the car was used = 6 years

Total depreciation in the price of the car = Cost of the car - price of the car at which car is being traded

So total depreciation = 3000 - 1250 = $1750

Average yearly depreciation = Total depreciation ÷ Years driven

Average depreciation = $\frac{1750}{6}=291.67$

Therefore average yearly depreciation $291.67 is the answer.

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4 years ago

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4 years ago

Mr. Chin went to a store where he spent one-half of his money and then $14 more. He then went to another store where he spent on

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Before going to the first store he had $ 112.

Step-by-step explanation:

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Because after that store he had no money left. So we can use the second equation to solve for y and then use that value to solve for x, that is the amount of money he had before going to the first store. We have:

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