389,657 views
45 votes
45 votes
The value of a car is $34535, in 20 years the value will decrease to $500. What is the average amount of depreciation per year?

User Sherryann
by
2.6k points

1 Answer

19 votes
19 votes

Answer:

$1701.75

Explanation:

34535-500=34035

34035/20=$1701.75 per year

User Peter Reid
by
2.7k points
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