maxprice733 maxprice733

25-11-2018
Mathematics

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what is the value, after 7 years, of a car originally priced at 25,000.00 if it depreciates at a rate of 8% every year

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sophieecarbonee sophieecarbonee

25-11-2018

$24,860

you take 25,000.00 and subract 0.56% because when you add 8% for the 7 years it depreciates it would total 56%.

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