IDNLearn.com offers a collaborative platform for sharing and gaining knowledge. Discover in-depth answers to your questions from our community of experienced professionals.

A car bought for $13000 depreciates at 12% per annum. What is the rate of decay of its value?a 0.12 b. 12C. 1.2d. Can't be predicted

Sagot :

The rate of decay of its value is 0.12

Here, we want to get the decay rate of the value of the car

To get the rate of decay, we look at the percentahe of depreciation

From the question, we can see that this is 12%

We proceed to express this in decimal form

Expressing this in decimal form, we have that;

[tex]12\text{ percent = }\frac{12}{100}\text{ = 0.12}[/tex]

We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Your questions deserve precise answers. Thank you for visiting IDNLearn.com, and see you again soon for more helpful information.