Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. in the year 2012, john's motorcycle had a value of

In the year 2012, John's motorcycle had a value of $16,500. When he bought the...

60.1K

Verified Solution

Question

Accounting

image

In the year 2012, John's motorcycle had a value of $16,500. When he bought the motorcycle in 2004 he pald $20,500. If the value of the motorcycle depreciated linearly, what was the annual rate of change of the motorcycle's value? Round your answer to the nearest hundredth if necessary. AnswerHow to enter your ait iwer (opens in new window) 2 Polnts

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A computer training group would like to compare the effectiveness of two modes of training. The...

Basic Math
Q

When motor cortex instructs the spinal cord to move a limb in a specific direction, a...

Medical Sciences
Q

A central force with potential r km k 0 is acting on a particle Calculate...

Physics
Q

Part A eflect G and F across the line x 7 Label the images with...

Geometry
Q

A rectangular region is removed from another rectangular region to create the shaded region shown...

Basic Math
Q

The polynomial P x has integral coefficients and P 2 P 3 P 4 5...

Basic Math
Q

Problem 58 Price supply equation The number x of compact refrigerators that an appliance chain...

Calculus
Q

BACK NEXT 15-4 Laude Company issued $308,000 of 8%, 10-year bonds on January 1, 2017,...

Accounting
Q

Bata is a medium size family controlled business with the family holding about 50.1% shareholding...

Accounting
Q

f On December 31, 2010, the D&K Partnership had the following assets, liabilities, and partners'...

Accounting
Q

Lukow Products is investigating the purchase of a piece of automated equipment that will save...

Accounting
Q

7) Jersey Co. had 200,000 shares of common stock, 20,000 shares of convertible preferred stock,...

Accounting