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16 September, 20:36

An automobile purchased for $18,000 is worth $2800 after 8 years. Assuming that the car's value depreciated steadily from year to year, what was it worth at the end of the third year?

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  1. 16 September, 22:36
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    The car is loosing 1,900 each year so the worth of the car at the third year is $12,300
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