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In the year 2000, a person bought a new car for $16500. For each consecutive year after that, the value of the car depreciated by 11%. How much would the car be worth in the year…
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In the year 2000, a person bought a new car for $16500. For each consecutive year after that, the value of the car depreciated by 11%. How much would the car be worth in the year…
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Jul 8, 2022
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In the year 2000, a person bought a new car for $16500. For each consecutive year after that, the value of the car depreciated by 11%. How much would the car be worth in the year 2002, to the nearest hundred dollars?
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Answer: 13100
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