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29 June, 17:20

In the year 2005, a person bought a new car for $14000. For each consecutive year after that, the value of the car depreciated by 14%. How much would the car be worth in the year 2008, to the nearest hundred dollars?

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  1. 29 June, 17:26
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    Step-by-step explanation:

    $ 14000 * 0.86 ^ 3 = 8904.784

    to the nearest hundred dollars it's $ 8900
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