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A new car is purchased for 23700 dollars. The value of the car depreciates at

13% per year. To the nearest year, how long will it be until the value of the car
is 8000 dollars?

2 Answers

5 votes
The answer is 5 years good luck
User UdaraWanasinghe
by
5.5k points
5 votes

Answer:

5 years (about)

Explanation:

$23,700 X .13 = $3,081

$3,081 X 5 = $15,405

$23,700 - $15,405 = $8,295

Good luck! hope this helps.

(If you've noticed a mistake in my logic, please comment any corrections)