Daisha bought a car for $15,000, and its value depreciated linearly. After 3 years, the value of the car was $11,250. What is the amount, in dollars, of yearly depreciation?
1 Answer
Jun 8, 2017
$1,250
Explanation:
The total depreciation over 3 years is $3,750 because
Divide this by 3 to get the yearly depreciation: