biabus05 biabus05

01-06-2020
Mathematics

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12700 = 23400 x (1-11.5/100)n

A new car is purchased for 23400 dollars. The value of the car depreciates at 11.5% per year. To the nearest year, how long will it be until the value of the car is 12700 dollars?

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lynesefitzgerald6 lynesefitzgerald6

01-06-2020

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889

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