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9 August, 19:11

One survey estimates that, on average, the retail value of a mid-sized car decreases by 8% annually. If the retail value of a car is V dollars today, which expression represents the car's value 1 year later?

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  1. 9 August, 19:16
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    A=V (1-0.08) ^1

    A=V (0.92)
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