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New car sales for $25,000 the value of the car decreases by 15% each year what is the approximate value of the car five years after it is purchased

New car sales for $25,000 the value of the car decreases by 15% each year what is-example-1

1 Answer

5 votes

Answer:

approximately $18,984

Explanation:

so 15% multiplied by 5 is 75%

25,000 multiplied by .75 is 18,750

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