A car was valued at $26,000 in the year 1992. The value depreciated to $11,000 by the year 2005. What was the annual rate of change between 1992 and 2005?

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HunnaNishKeef3550idn HunnaNishKeef3550idn

08-08-2024
Mathematics

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A car was valued at $26,000 in the year 1992. The value depreciated to $11,000 by the year 2005. What was the annual rate of change between 1992 and 2005?

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