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chubhunter [2.5K]
2 years ago
15

The original price of a car is 18,000, and it depreciates by 15% each year. What is the value of the car after three years?

Mathematics
1 answer:
Rashid [163]2 years ago
3 0

Answer: $9,900


Step-by-step explanation:

Convert the percentage into a decimal: 0.15

Multiply 0.15 by 18000

The product is 2700

Multiply 2700 by the 3 years

The product is 8100

Subtract 8100 from 18000

The result is $9,900

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