Larry's Car Is Worth $18,000 After 5 Years

question 4

Multiple Choice

Larry's car is worth $18,000 after 5 years.When the car was new,it sold for $24,000.What is the depreciation rate?

• A) 0.5%
• B) 0.6%
• C) 5.6%
• D) 6.9%

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Renewable

Resources or energy sources that can be replenished naturally over time, such as solar or wind power.

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Technologies that harness heat from within the Earth for heating and electricity generation, utilizing the stable temperatures a few meters below the earth's surface or the hot water and steam from deeper layers.

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