document.write( "Question 57861This question is from textbook college algebra
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document.write( ": A Truck that cost $27,600 when new will have no salvage value after 12 years. Find the annual rate of depeciation.\r
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document.write( "Can anyone give me a hand with this one? Thanks \n" );
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Algebra.Com's Answer #39537 by funmath(2933)![]() ![]() ![]() You can put this solution on YOUR website! A Truck that cost $27,600 when new will have no salvage value after 12 years. Find the annual rate of depeciation.\r \n" ); document.write( "\n" ); document.write( "The rate of depreciation is: \n" ); document.write( "r=(final worth-initial worth)/(final time-initial time) \n" ); document.write( "It's the slope formula, if you know that one: \n" ); document.write( "your final worth is:0 \n" ); document.write( "your initial worth is:$27,600 \n" ); document.write( "your final time is:12 yr \n" ); document.write( "Your initial time is: 0 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "r=-$2,300 per year. \n" ); document.write( "That means it goes down in value, $2,300 per year. \n" ); document.write( "Happy Calculating!!! \n" ); document.write( " |