The annual rate of depreciation r on a car that is purchased for P dollars and is worth W dollars t years later can be found from the formula: The car depreciates in value according to the following depreciation table. AGE IN YEARS VALUE IN DOLLARS new 3 7,750 5,200 Find the annual rate of depreciation. Round the answer to the nearest tenth.
A) 11.4%
B) 14.2%
C) 30.2%
D) 22.4%
E) 12.5%

Question

The annual rate of depreciation r on a car that is purchased for P dollars and is worth W dollars t years later can be found from the formula:  The car depreciates in value according to the following depreciation table. AGE IN YEARS VALUE IN DOLLARS new 3 7,750 5,200 Find the annual rate of depreciation. Round the answer to the nearest tenth.
A) 11.4% 
B) 14.2% 
C) 30.2% 
D) 22.4% 
E) 12.5%

Quizplus · Accepted Answer

The Answer of The annual rate of depreciation r on a car that is purchased for P dollars and is worth W dollars t years later can be found from the formula:  The car depreciates in value according to the following depreciation table. AGE IN YEARS VALUE IN DOLLARS new 3 7,750 5,200 Find the annual rate of depreciation. Round the answer to the nearest tenth.
A) 11.4% 
B) 14.2% 
C) 30.2% 
D) 22.4% 
E) 12.5%

The Annual Rate of Depreciation R on a Car That