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Chris buys a car for $24,000. If the car loses value at a rate of 7% per year, what will it be worth in three years? Round to the nearest dollar.
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Chris buys a car for $24,000. If the car loses value at a rate of 7% per year, what will it be worth in three years? Round to the nearest dollar.

User Balaji Krishnan
by
5.9k points

2 Answers

3 votes

Answer:

19305 rounded to the nearest dollar

Explanation:

User Misha Bhardwaj
by
6.3k points
7 votes
A=24,000×(1−0.07)^(3)
A=19,304.57
User Siom
by
5.9k points
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