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6 December, 19:29

27)

A new car depreciates at a rate of 15% per year. What is the expected value of a $25,000 car after 5 years (rounded to nearest whole dollar) ?

A) $20750

B) $11093

C) $9429

D) $6250

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Answers (1)
  1. 6 December, 19:37
    0
    The answer is B.

    You need to subtract 15% each year from the value of the car.
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