This purchased a car for $22900.00. The car depreciated at an annual rate of 16%. Which of the following equations model the value of thi's car after 5 years?
A=22900 (1.16) ^5
A=22900 (0.16) ^5
A=16 (22900) ^5
A=22900 (0.84) ^5
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Home » Mathematics » This purchased a car for $22900.00. The car depreciated at an annual rate of 16%. Which of the following equations model the value of thi's car after 5 years? A=22900 (1.16) ^5 A=22900 (0.16) ^5 A=16 (22900) ^5 A=22900 (0.84) ^5