Mathematics, 06.09.2021 01:00, cynthiauzoma367

Steven makes a bad investment in the stock market. He purchases shares and finds that after 3 years his shares are worth one third of their original value. Determine the rate of depreciation if depreciation is calculated on a straight line basis.

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Steven makes a bad investment in the stock market. He purchases shares and finds that after 3 years his shares are worth one third of their original value. Determine the rate of depreciation if depreciation is calculated on a straight line basis.​

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Steven makes a bad investment in the stock market. He purchases shares and finds that after 3 years his shares are worth one third of their original value. Determine the rate of depreciation if depreciation is calculated on a straight line basis.