Dan's car depreciates at a rate of 5% per year. By what percentage has Dan's car depreciated after 3 years? Give your answer to the nearest percent.

asked Dec 20, 2022 63.4k views

10 votes

Dan's car depreciates at a rate of 5% per year.

By what percentage has Dan's car depreciated after 3 years?
Give your answer to the nearest percent.

5.1k points

Please log in or register to add a comment.

2 votes

15% because it goes down at a rate of 5% a year. So we do 5x3=15

Diezsiete answered Dec 21, 2022

4.5k points

10 votes

It would be 15% cause Yea

Elliot Wood answered Dec 25, 2022

5.0k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.3m questions

6.9m answers