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27 January, 23:17

This purchased a car for $22900.00. The car depreciated at an annual rate of 16%. Which of the following equations model the value of thi's car after 5 years?

A=22900 (1.16) ^5

A=22900 (0.16) ^5

A=16 (22900) ^5

A=22900 (0.84) ^5

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  1. 27 January, 23:18
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    The answer is A=22900 (1.16) ^5
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