Question

A car depreciates 5% every year. What is the multiplier?

Answer 1

0 votes

Answer:27000Step-by-step explanation:interest= principal×rate×time÷ 100=270000×5×2÷100=27000

Answer 2

0.95

Explanation:

A depreciation of 5% from the original 100% is

100% - 5% = 95% =
`(95)/(100)` = 0.95