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The value of a car is depreciating at a rate of 5% per year. In 2015, the car was worth $32,000. Find the value of the car in 2018.
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5 votes
The value of a car is depreciating

at a rate of 5% per year. In 2015,
the car was worth $32,000. Find
the value of the car in 2018.

User Anqi Lu
by
5.7k points

1 Answer

5 votes
32,000 x 3

96,000

Answer: 96,000
User LIvanov
by
5.8k points
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