A new car is purchased for 20700 dollars. The value of the car depreciates at 11% per year. What will the value of the car be, to the nearest cent, after 11 years?

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asked Feb 18, 2022 195k views

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A new car is purchased for 20700 dollars. The value of the car depreciates at 11% per year. What will the value of the car be, to the nearest cent, after 11 years?

Mathematics
college

Slawomir Dziuba asked

by Slawomir Dziuba

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1 Answer

10 votes

Answer:

The answer for that is 5744.61

Numbercruncher answered Feb 24, 2022

by Numbercruncher

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