2. A 1998 Pontiac Grand-Am depreciates in value by 18% onaverage each year. If the car originally sold for $19995 in1998, how much would the car be worth in 2012?

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Answered: A 1998 Pontiac Grand-Am depreciates in…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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A 1998 Pontiac Grand-Am depreciates in value by 18% on average each year. If the car originally sold for $19995 in 1998, how much would the car be worth in 2012?