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In the year 2001, a person bought a new car for $28000. For each consecutive year after that, the value of the car depreciated by 12%. How much would the car be worth in the year 2005, to the nearest hundred dollars? HELP PLS 25 POINTS

Respuesta :

jesusm1

Answer:

Concept: Depreciation

  1. Vo= 28,000
  2. 12% every year
  3. Therefore we have 2005-2001= 4 years
  4. 16,800 after four years
  5. Give brainlist

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