3. Ten years ago, Tiffany's mother bought a new car for $9000. Tiffany is now going to buy the car for $900.. Assuming a steady rate of depreciation, what was the approximate annual rate of depreciation?

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asked Mar 20, 2020 100k views

4 votes

3. Ten years ago, Tiffany's mother

bought a new car for $9000. Tiffany
is now going to buy the car for $900..
Assuming a steady rate of depreciation,
what was the approximate annual
rate of depreciation?

English
middle-school

Sylph asked

by Sylph

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1 Answer

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About 900. 00 dollars a year

David Ching answered Mar 24, 2020

by David Ching

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