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A car depreciate $2000 each year it was owned and driven. What type of depreciation is this?

A car depreciate $2000 each year it was owned and driven. What type of depreciation is this?
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A car depreciate $2000 each year it was owned and driven. What type of depreciation is this?

User Kishan Dhamat
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2 Answers

6 votes
This would be an exponential decay model.
User Kevin Farrugia
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8.5k points
4 votes

Answer:

Straight-line depreciation

Explanation:

APE X

User Kim Nielsen
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8.0k points
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