Question: chose answer 6. A car is bought for R 780 000 in March 2018. In March 2024, the value of the car has reduced to

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6. A car is bought for R 780 000 in March 2018. In March 2024, the value of the car has reduced to R 410 000 on the reducing balance method. What is the annual depreciation rate? A. 10.8% B. 11.3% C. 9.5% D. 10.2%

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