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16 July, 12:28

Some studies show that each year the price of a car is reduced by 16%. you bought a car for 28,500. find the cost over a period of next five years

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  1. 16 July, 12:36
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    So, we can do either

    28500 - 16% five times

    or

    28500 - (16%*5)

    either would give you 5700

    i think this is the correct answer
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