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7 March, 23:03

An equallon for the depreciation of car is given by y = A * (1 - t) ^ t where y = current value of the car, A = original cost, r depreciationand, in years. The current value of a car is / $12.282.50. The car originally cost / $20,000 and depreciates at a rate of 15% per year. How old is the car? f = time

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  1. 8 March, 00:46
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    Answer: 3 years
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