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A new car is purchased for $34,000 and sold 4 years later for $22,000. At what rate did the car depreciate each year? PLSS HELPP❤️❤️

A new car is purchased for $34,000 and sold 4 years later for $22,000. At what rate did the car depreciate each year? PLSS HELPP❤️❤️
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A new car is purchased for $34,000 and sold 4 years later for $22,000. At what rate did the car

depreciate each year?
PLSS HELPP❤️❤️

User Florian Leitgeb
by
7.5k points

1 Answer

5 votes

Answer:

first you bring the 34,000 than minus by 22,000 = 12 than ÷by 4 =3

User Dilsingi
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