A new car is purchased for 17600 dollars. The value of the car depreciates at 11.75% per year. What will the value of the car be, to the nearest cent, after 11 years?

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asked Apr 1, 2022 134k views

11 votes

A new car is purchased for 17600 dollars. The value of the car depreciates at 11.75% per year. What will the value of the car be, to the nearest cent, after 11 years?

Mathematics
high-school

GolfBravo asked

by GolfBravo

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1 Answer

12 votes

Answer:

The answer would be 4,450

Explanation:

MarchingHome answered Apr 6, 2022

by MarchingHome

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