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A new car is purchased for $49, 000 and over time its value depreciates by one half every 5 years. What is the value of the car 11 years after it was purchased, to the nearest hundred dollars?​

1 Answer

6 votes

8909

you take the 11 years and times it by 1/2, it gives you 5 1/2, take the 49000 and divide it by that 5 1/2

and you get 8909

so ya.

User SimonGates
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