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28 September, 13:57

Jane Marko buys a car for $11.400.00 In three years, the car depreciates 48% in value. How much is the car worth in three year.

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  1. 28 September, 14:05
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    A=P (1-r) ^n

    where A = ?

    P = $11,400

    r=48%

    n=3

    1-r=0.52

    A=11,400 (0.52) ^3

    = $1602.93
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