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A car is purchased for 20,000 in two years the car is valued at 18,050 what is the rate of depreciation of the car

A car is purchased for 20,000 in two years the car is valued at 18,050 what is the rate of depreciation of the car
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A car is purchased for 20,000 in two years the car is valued at 18,050 what is the rate of depreciation of the car

User Eddy Freeman
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1 Answer

5 votes
I think it would be a rate of 5%

User Kenneth Ito
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8.2k points
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