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16 April, 07:28

You buy a new car for $31,300. The average car depreciates in value by 14% per year. How much will it be worth after each of the following 1 year?

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  1. 16 April, 08:42
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    A = P (1 + rt)

    A=31,300 (1+.14*1)

    A=35682
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