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Depreciation - Revision Quiz 1
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Previewing
Depreciation - Revision Quiz 1
Question 2 of 5What 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 5An 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 5As per an industry standard, all vehicles depreciate at
yearly rate. Calculate the value of a vehicle as a percentage of its initial value after years, correct to one decimal.AnswerYou must be logged in to see the answer.You must be logged in to see the worked solutions.You must have an active subscription to access course content
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Depreciation - Revision Quiz 1
Question 5 of 5A brand new laptop retails for
. At a certain rate of depreciation, its value is after years. Find the rate of depreciation applied.AnswerYou must be logged in to see the answer.You must be logged in to see the worked solutions.You must have an active subscription to access course content