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11 April, 09:57

A car Purchased for $18,500. After each year, the resale value decreases by 30%. What will the resale value be after 4 years

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  1. 11 April, 10:10
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    Two methods presented. The first is shown as a proof and the second the quicker way with the formula of A = Pr^t

    A = amount of money

    P = Principle amount

    r = annual rate of interest

    t = number of years
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