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20 May, 10:30

You purchase a New BMW for $72,350. It depreciates 3.8% annually.

How much will it be worth in five years?

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  1. 20 May, 10:33
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    Step-by-step explanation:

    you would do

    100-3.8=96.2

    96.2 as a decimal is 0.962

    72,350*0.962^5=$59,609
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