Ask Question
30 March, 16:51

A car cost $20,000 when it was purchased. The value of the car decreases by 8% each year. Find the rate of decay each month and select the correct answer below.

A. - 0.006924%

B. - 0.006667%

C. - 0.666667%

D. - 0.6924%

+1
Answers (1)
  1. 30 March, 19:17
    0
    The answer is - 0.6924%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A car cost $20,000 when it was purchased. The value of the car decreases by 8% each year. Find the rate of decay each month and select the ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers