A car was valued at $42,000 in the year 1990. The value depreciated to $13,000 by the year 2005.

A) What was the annual rate of change between 1990 and 2005?

A car was valued at $42,000 in the year 1990. The value depreciated to $13,000 by the year 2005. What was the annual rate of change between 1990 and 2005?

Find out how to calculate the annual rate of depreciation for a car that was valued at $42,000 in 1990 and depreciated to $13,000 by 2005. Learn about key concepts like depreciation, exponential decay, and percentage change. Suitable for high school students in Grades 9-12.

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