A new car is purchased for 1700o dollars. The value of the car depreciates at 13.5% per year. What will the value of the car be, to the nearest cent, after 12 years? Answer: Submit Answer

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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A new car is purchased for 17000 dollars. The value of the car depreciates at 13.5% per
year. What will the value of the car be, to the nearest cent, after 12 years?
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Transcribed Image Text:A new car is purchased for 17000 dollars. The value of the car depreciates at 13.5% per year. What will the value of the car be, to the nearest cent, after 12 years? Answer: Submit Answer attempt 1 out of 2 Privacy Policy Terms of Service Copyright 2021 DeltaMath.com. All Rights Reserved. o search
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