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29 September, 16:20

A new car is purchased for 22200 dollars. The value of the car depreciates at 14.75% per year. To the nearest year, how long will it be until the value of the car is 2200 dollars?

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  1. 29 September, 16:23
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    7 years total

    Step-by-step explanation:

    22200*.1475=3274.5

    keep subtracting 3274.5 until you reach 2200$ or less, which is 7 years
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