The value of a car is $15000 and depreciates at a rate of 8% per year. What is the decay factor?

asked Jun 22, 2021 198k views

4 votes

by Hkatz

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2 votes

Answer: I think it is 1200

Step-by-step explanation: because $15000 of 8% is equal to 1200 because it just is

Alex Kibler answered Jun 23, 2021

7.1k points

4 votes

Answer:

Answer:1,875

Step-by-step explanation:15,000 ÷ 8 = 1,875

Serafino answered Jun 27, 2021

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