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1 vote
5. Answer the question for the following Exponential Application

Problem. (Make sure to round to the appropriate number for
question asked)
A jeep was purchased for $35,000 in 2015. The jeep will depreciate by
15% each year. What will be the value of the jeep after 10 years?

1 Answer

12 votes

Answer: It would cost approximately $6890.60

User BiGXERO
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