A car purchased for $20,000 depreciates annually at a rate of 8%. The value of the cart years after its purchase is given by the expression 20000 (0.92)
Which expression represents the monthly depreciated value at the rate at which the car is depreciating?
O 20,000 0.92.1) *
O 20,000 (0. 922) #
O 20,000[o. 92 1]'
O 20,000 (0.9212) 120
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