Mathematics, 11.07.2021 08:50, kobiemajak

The value of a car will “depreciate” over time. For example, a car that was worth $24 000 when it was new, is being sold for $13 500 three years later. Determine the annual depreciation rate on this car. Express your final answer as a percent, rounded to one decimal place.

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The value of a car will “depreciate” over time. For example, a car that was worth $24 000 when it wa...