A new car is purchased for 15100 dollars. The value of the car depreciates at 12.25% per year. To the nearest year, how long will it be until the value of the car is 2300 dollars?

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asked Oct 22, 2021 50.5k views

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A new car is purchased for 15100 dollars. The value of the car depreciates at 12.25% per year. To the nearest year, how long will it be until the value of the car is 2300 dollars?

Mathematics
college

Lilian asked

by Lilian

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3 votes

Answer: 14

Explanation:

Jahanzeb Nawaz answered Oct 27, 2021

by Jahanzeb Nawaz

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