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A new car is sold for its sticker value of $19,000. Three years later, the customer returns to the car dealership to trade the car in. She is told that her car now has a value of $12,105. What is the rate of decline in the value of the car?

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Answers (2)
  1. Today, 00:00
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    Doing the math, the answer is $2,333.
  2. Today, 00:37
    0
    2,333$ a year that is the anser
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