A new car is purchased for $23,400. The value of the car depreciates at 11.5% per year. To the nearest year, how long will it be to the value of the car is $12,700 dollar?

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asked Apr 1, 2021 41.1k views

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A new car is purchased for $23,400. The value of the car depreciates at 11.5% per year. To the nearest year, how long will it be to the value of the car is $12,700 dollar?

Mathematics
high-school

Alex Stephens asked

by Alex Stephens

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1 Answer

4 votes

Answer:

the answer is

5 year

Explanation:

on pic :)

A new car is purchased for $23,400. The value of the car depreciates at 11.5% per-example-1

Manhar Sapra answered Apr 6, 2021

by Manhar Sapra

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