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12 December, 13:47

A new car worth $18 comma 000 is depreciating in value by $3 comma 000 per year. after how many years will the car's value be $3 comma 000 ?

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  1. 12 December, 13:58
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    Its 5 years

    worth = 18000

    depriciation per year = 3

    in 5 year car value = 18000 minus 5*3000 = 3000
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