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    Engineering
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    Engineering Economics
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    Exam 2: Time Value of Money
  5. Question
    Calculate the Depreciation Rate of a Vehicle If It Was
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Calculate the Depreciation Rate of a Vehicle If It Was

Question 41

Question 41

Multiple Choice

Calculate the depreciation rate of a vehicle if it was bought 5 years ago for $25 000 and can be sold now for $8 200.


A) 20%
B) 32%
C) 48%
D) 68%
E) 80%

Correct Answer:

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