SOLUTION: Page 566 # 42 Suppose a computer that costs $3000 new is only worth $600 affter. What is the averge annual rate of depreciation?

Algebra ->  Customizable Word Problem Solvers  -> Evaluation -> SOLUTION: Page 566 # 42 Suppose a computer that costs $3000 new is only worth $600 affter. What is the averge annual rate of depreciation?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 459107: Page 566 # 42
Suppose a computer that costs $3000 new is only worth $600 affter. What is the averge annual rate of depreciation?

Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
After how long?
It's $2400/# of years