A vehicle purchased for $32500 depreciates at a constant rate of 6% per year. Determine the approximate value of the vehicle 12 years after purchase. Round answer to the nearest whole number. $
A vehicle purchased for $32500 depreciates at a constant rate of 6% per year. Determine the approximate value of the vehicle 12 years after purchase. Round answer to the nearest whole number. $
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.49TI: Nathaly deposited $12,500 in her bank account where it will earn 4% simple interest. How much...
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![A vehicle purchased for $32500 depreciates at a constant rate of 6% per year. Determine the
approximate value of the vehicle 12 years after purchase. Round answer to the nearest whole number.
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4a3888d7-5a4e-4f8c-aec4-246db7942ffd%2Fe6ee98c6-c396-4f31-adc7-42780eda2e1b%2Fo0kcnq_processed.png&w=3840&q=75)
Transcribed Image Text:A vehicle purchased for $32500 depreciates at a constant rate of 6% per year. Determine the
approximate value of the vehicle 12 years after purchase. Round answer to the nearest whole number.
$
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