Hank bought a $24,000 car when he graduated from college. His car will lose half of its value in 6.58 years. At what rate does Hank’s car depreciate? A) 30% B) 20% C) 10% D) 5%

Hank bought a $24,000 car when he graduated from college. His car will lose half of its value in 6.58 years. At what rate does Hank’s car depreciate?

A) 30%
B) 20%
C) 10%
D) 5%

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Hank bought a $24,000 car when he graduated from college. His car will lose half of its value in 6.58 years. At what rate does Hank’s car depreciate? A) 30% B) 20% C) 10% D) 5%<…

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