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5 votes
Henry bought a car for $25,000 but its value is depreciating at a rate of 10% per year.

How much will the car be worth after 8 years?

1 Answer

6 votes

Answer:

Explanation:

25,000 x .10 = 2,500

2,500 x 8 = 20,000

25,000 - 20,000= 5,000

User Nimit Dudani
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