Ask Question
31 January, 11:12

a new car at a cost of $25,000. The car depreciates approximately 15% of its value each year. What is the decay factor for this car?

+2
Answers (1)
  1. 31 January, 12:09
    0
    The answer must be 3,750. 15% of 25,000 is 3,750. So it declines by that each year.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “a new car at a cost of $25,000. The car depreciates approximately 15% of its value each year. What is the decay factor for this car? ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers