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10 March, 03:17

Sam purchases a new car for $29,500. The car depreciates at a rate of 13.25% per year. What is the value of the car after 7 years?

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  1. 10 March, 03:41
    0
    10907.078

    Step-by-step explanation:

    29500 *.8675 *.8675 *.8675 *.8675 *.8675 *.8675 *.8675 = 10907.0775302

    rounded to 10907.078
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