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25 September, 02:27

You bought your car for $12500 and it is depreciating at 13% per year. How long until it is only worth half of what you paid for it?

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  1. 25 September, 02:38
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    About 4 Years

    Step-by-step explanation:

    This is how I personally did it:

    I took 13, and multiplied by 4 (13 x 4) and got 52. So I would say about 4 years.
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