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Depreciation - Revision Quiz 1
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Previewing
Depreciation - Revision Quiz 1
Question 2 of 10What is the amount of depreciation of a Caravan, after 6 years, if its original cost is $35,000 and the yearly rate of depreciation is 9%.
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Depreciation - Revision Quiz 1
Question 3 of 10An off road bike is sold by its original owner after 6 years for $2700, at a 15% yearly rate of depreciation. What was its original price, to the nearest dollar?
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Depreciation - Revision Quiz 1
Question 4 of 10As per an industry standard, all vehicles depreciate at \(15\%\) yearly rate. Calculate the value of a vehicle as a percentage of its initial value after \(10\) years, correct to one decimal.
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Depreciation - Revision Quiz 1
Question 5 of 10A brand new laptop retails for \($750\). At a certain rate of depreciation, its value is \($307.20\) after \(4\) years. Find the rate of depreciation applied.
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Depreciation - Revision Quiz 1
Question 6 of 10Sasha pays $20,200 for a new car. The car depreciates by an average of 15% p.a. Find the market value of the car in 3 years (nearest dollar)
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Depreciation - Revision Quiz 1
Question 7 of 10Tom paid $2200 for a new computer. The computer depreciates by an average of 12% p.a. Find the amount that the computer depreciated in 2 years.
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Depreciation - Revision Quiz 1
Question 8 of 10A car depreciated to half its value in 4 years. Find the percentage rate of depreciation (nearest percentage)
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Depreciation - Revision Quiz 1
Question 9 of 10An exercise bike valued at $750 depreciates by 10% p.a. What percentage (to the nearest whole number) of the original value remains after 4 years?
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Depreciation - Revision Quiz 1
Question 10 of 10A car valued at $20,000 reduces to $8874 at a rate of 15% p.a. How many years did this take, to the nearest year?
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