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3 years ago

15

The original price of a car is $25000. Each year, its value depreciates (loses value) by 13%. Three years after its purchase, wh

at is the value of the car?

1 answer:

Thepotemich [5.8K]3 years ago

5 0

Answer:

$16,462.58

Step-by-step explanation:

25000(1-.13)^(n)

where n is the years

25000(.87)^3

put this into a calculator and get

16462.57

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