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A car depreciated $1500 each year it was owned and driven. What type of depreciation is this?

A car depreciated $1500 each year it was owned and driven. What type of depreciation is this?
asked 231k views
5 votes
A car depreciated $1500 each year it was owned and driven. What type of depreciation is this?

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User Mark Beckwith
by
8.2k points

2 Answers

2 votes
it is yearly depreciation

answered
User LunaVulpo
by
8.2k points
2 votes

Answer: straight line depriciation

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User DaWe
by
7.6k points
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