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28 June, 10:34

A new car is purchased for 20700 dollars. The value of the car depreciates at 7.25% per year. To the nearest year, how long will it be until the value of the car is 10800 dollars

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  1. 28 June, 11:07
    0
    Answer: about 7 years
  2. 28 June, 13:12
    0
    1 year

    Step-by-step explanation:

    year 1: 7.25% of 20700 = 1500.75

    convert 7.25% into a decimal = 0.0725

    0.0725x20700 = 1500.75

    (i hope the answer is right, let me know if it isnt)
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