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13-01-2021
Mathematics

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You bought a car 3 years ago for $12000. If its value decreases by 17% each year, how much is your car worth now?

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Parrain Parrain

14-01-2021

Answer: $‭6,861.44

Step-by-step explanation:

Car was bought 3 years ago for $12,000.

Value decreases by 17% every year.

Current value is:

= 12,000 * (1 - 17%)³

= $‭6,861.44

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