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PLEASE HELP The value of Amy's car depreciated each year after she bought it. The function v(t) = 24, 893(0.88) represents the value of Amy's car t years after she bought it. What is the rate of depreciation?
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PLEASE HELP

The value of Amy's car depreciated each year after she bought it. The function v(t) = 24, 893(0.88) represents the value of Amy's car t years after she bought it. What is the rate of depreciation?

User Jens De Bruijn
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4.9k points

1 Answer

10 votes

Answer:

12%

Explanation:

1 - 0.88= 0.12 x 100 = 12

User Life Is Complex
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