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lions [1.4K]
3 years ago
9

A new car is purchased for 23700 dollars.the value o the car depreciates at 13.5% per year what will be the value of the car be,

to the nearest cent,after 10 years
Mathematics
2 answers:
lara31 [8.8K]3 years ago
5 0

it will be 31,995 but we have to estimate yo the nearest cent so 10 cents

melamori03 [73]3 years ago
4 0

Answer:

Step-by-step explanation:

let the price of the car be $ 23 700

The depreciation will be 13.5 % per year

Thus, the car will depreciate at a rate of :

\frac{13.5}{100} * 23700\\ = 3199.5

After 10 years, the car will be: = $  23 700 - (10× $ 3199.50)

                                                  = - $ 4 695

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