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neonofarm [45]
3 years ago
14

You buy a new car for $25,000 and it depreciates at a rate of 6.5% per year. How much would it be

Mathematics
1 answer:
pantera1 [17]3 years ago
7 0

Answer:

$17864.80

Step-by-step explanation:

25000*(1-0.065)^5

25000*0.935^5

25000*0.71459184283

17864.79607

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