suppose a computer that costs $3000 new is only worth after 3 years .What is the average annual rate of depreciation?
To calculate the average annual rate of depreciation, you need to know the initial value of the computer and its value after 3 years. In this case, the initial value is $3000, and the value after 3 years is unknown.
To find the value after 3 years, you need more information. You could either provide the value directly, or provide the rate of depreciation over the 3-year period.
Once you have either the value after 3 years or the rate of depreciation, you can calculate the average annual rate by using the formula:
Average annual rate of depreciation = (initial value - value after 3 years) / 3
Please provide either the value after 3 years or the rate of depreciation for me to assist you further.