Find the rate of depreciation if you bought a car for $20,000 and, after 4 years, it
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Find the rate of depreciation if you bought a car for $20,000 and, after 4 years, it is worth $12,800. Round to the nearest hundredth. Use the depreciation model y = a (1 - r) ^ t
Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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