11. Ethan bought new car worth $60 000. After 5 years, the car was worth $35...

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11. Ethan bought new car worth $60 000. After 5 years, the car was worth $35 429.40. Calculate the depreciation rate of the Ethan’s car. [T4] [C2]

11. Ethan bought new car worth $60 000. After 5 years, the car was worth $35 429.40. Calculate the depreciation rate of the E

Answer 1

Answer #1

Given, New car worth C = $ 60,000 Time in years I-5 worth of Car after five years (W) = $_35,429.40. To find Rate of deprecia

Answer 2

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