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28 August, 12:34

A car is purchased for $ 36,000. Each year it loses 20 % of its value. After how many years will the car be worth $ 14,900 or less?

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  1. 28 August, 12:53
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    In many years the car will worth less because $36,000 divided by 20% = 1.8 I hope this is right and, if it is not then oh well.
  2. 28 August, 12:56
    0
    after 3 years it will be 14,900 dollars or less
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