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18 May, 12:37

A new car worth $24,000 is depreciating in value by $3,000 per year. After how many years will the car's value be $15.000?

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  1. 18 May, 13:18
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    Answer: year 3

    Step-by-step explanation:

    If car is 24,000 and depreciates in value at 3,000 per year

    Year 1 - 24,000 - 3,000=21,000

    Year 2 = 21,000-3,000 = 18,000

    Year 3=18,000-3,000 = 15,000
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