A car vehicle price history for a certain make and model contains the following list of yearly
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A car vehicle price history for a certain make and model contains the following list of yearly price values:
The original price of the car was $21,000. It exponentially depreciated to $18,900 after 1 year and continued depreciating by the same percentage each year thereafter. What will the value of the car be after 8 years?
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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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