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3 years ago

12

You buy a new car for $31,300. The average car depreciates in value by 14% per year. How much will it be worth after each of the

following 1 year?

1 answer:

Andrei [34K]3 years ago

5 0

A = P(1 + rt)

A=31,300(1+.14*1)

A=35682

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