198k views
4 votes
The value of a car is $15000 and depreciates at a rate of 8% per year. What is the decay factor?

User Hkatz
by
5.4k points

2 Answers

2 votes

Answer: I think it is 1200

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

User Alex Kibler
by
4.7k points
4 votes

Answer:

Answer:1,875

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

User Serafino
by
4.7k points