Amber bought a used car valued at $16,000. When this car was new, it was sold for
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Amber bought a used car valued at $16,000. When this car was new, it was sold for $28,000. If the car depreciates exponentially at a rate of 9% per year, approximately how old is the car?
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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