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Your car is worth $20,000 but it depreciates at a rate of

12% each year.
Write an equation showing how much your car is worth
each year.
A)f(x) = 20,000 - 12x
B)f(x) = 20,000 - 1.12*
C)f(x) = 20,000 -12%
D)f(x) = 20,000 - 0.88%

User Aleclarson
by
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1 Answer

7 votes

Answer:

D

Explanation:

since the car value is decreasing by 12% each year, just take the original amount and multiply by 88% to get the value of the car for the next year, so on and so forth

User Pldimitrov
by
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