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2 years ago

12

A new car is purchased for \$49,000$49,000 and over time its value depreciates by one half every 5 years. What is the value of t

he car 11 years after it was purchased, to the nearest hundred dollars?

1 answer:

mafiozo [28]2 years ago

3 0

Is answer is 27871.205

Set it up like 49000(1-0.05)^11

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