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Tom spent $25,167 for a new car. The car will depreciate 11% each year. What will the car be worth after 1 years? Round your answer to the nearest cent. Do not include the dollar sign in your answer.
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Tom spent $25,167 for a new car. The car will depreciate 11% each year. What will the car

be worth after 1 years? Round your answer to the nearest cent. Do not include the dollar
sign in your answer.

User DRVic
by
7.7k points

1 Answer

5 votes
22,398.63 after one year
25,167x11%= 2,768.37
25,167-2,768.37= 22,398.63
User Minioim
by
7.0k points
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