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3 years ago

13

You purchase a brand new red car for $23,400. If the car depreciates at a rate of 15% per year, find the decrease in value from

the end of the second year of ownership to the end of the third year of ownership.

1 answer:

irga5000 [103]3 years ago

7 0

After two years the value of the car would of gone down by $1,755 leaving the total amount the car is worth at 21,645

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