Seamus bought a car that originally sold for $40,000. It exponentially depreciates at a rate of 7.75%

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Seamus bought a car that originally sold for $40,000. It exponentially depreciates at a rate of 7.75% per year. Write the exponential depreciation equation for this car.

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Question Posted: Apr 14, 2016 04:50 AM

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Seamus bought a car that originally sold for $40,000. It exponentially depreciates at a rate of 7.75%

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Financial Algebra advanced algebra with financial applications

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