asked 3.8k views
3 votes
Find the average annual depreciation for a car that cost $19000 three years ago and is now worth $12100

1 Answer

0 votes
The average annual depreciation is $2,300
$19,000 - $12,100 = $6,900 / 3 years = $2,300 per year
answered
User MRA
by
7.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.