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3 years ago

13

Alex purchased a new car for $28,000. The car's value depreciates 7.25% each year. What will be the value of the car 5 years aft

er it is purchased? Round your answer to the nearest dollar

1 answer:

Anestetic [448]3 years ago

8 0

A = 28000(0.9275)^5

a = 19219

$19,219 is the answer

Hoped this helped

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