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12 February, 13:37

Henry bought a car for $25,000 but its value is depreciating at a rate of 10% per year.

How much will the car be worth after 8 years?

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  1. 12 February, 13:48
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    Step-by-step explanation:

    25,000 x. 10 = 2,500

    2,500 x 8 = 20,000

    25,000 - 20,000 = 5,000
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