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advanced-mathThe value of a machine is . What is the rate of depreciation?
A
80%
B
20%
C
0.8%
D
0.2%
Correct Answer: B
Choice B is the correct answer. Find from .
- Identify Factor: .
- Solve for r: .
- Convert: .
💡 Strategic Tip: If you keep 80%, you lost 20%.
Choice A is incorrect because 80% is what remains. Choice C is incorrect because it confuses decimal places.