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21 January, 21:28

a new car is bought for 16500 dollars. the valuve of the car depreciates at 5.75% per year. what will the value of the car be after 5 years.

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  1. 21 January, 21:52
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    16,500 x 0.0575 = 984.75

    984.75 x 5 = 4743.75

    16,500 + 4743.75 = 21,243.75
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