danielled12031 danielled12031

01-05-2018
Mathematics

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alex purchased 20,000 for a new car. The cars value depreciates 7.25% each year. What will be the value of the car five years after it is purchased

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mamercier21 mamercier21

01-05-2018

the answer would be 18550$. you would find 7.25% of 20000, multiply it by 5, then subtract it from 20000 to get 18550$.

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