Question

The value of a car is $15000 and depreciates at a rate of 8% per year. What is the decay factor?

Answer 1

Answer: I think it is 1200

Step-by-step explanation: because $15000 of 8% is equal to 1200 because it just is

Answer 2

Answer:1,875

Step-by-step explanation:15,000 ÷ 8 = 1,875