Lauras new car cost her $21,000. She was told that this make and model depreciates exponentially at

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Laura’s new car cost her $21,000. She was told that this make and model depreciates exponentially at a rate of 85 % 8 per year. How much will her car be worth after 100 months?

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Financial Algebra Advanced Algebra With Financial Applications

ISBN: 9781337271790

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

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Lauras new car cost her $21,000. She was told that this make and model depreciates exponentially at

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Financial Algebra Advanced Algebra With Financial Applications

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