The price of a car depreciates by 15% per annum. Its price when new is 20 000.
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The price of a car depreciates by 15% per annum. Its price when new is £20 000.
a. Find the value of the car after 5 years.
b. Find when the value will be less than £4000.
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Related Book For
Pearson Edexcel A Level Mathematics Pure Mathematics Year 2
ISBN: 9781292183404
1st Edition
Authors: Greg Attwood, Jack Barraclough, Ian Bettison, David Goldberg, Alistair Macpherson, Joe Petran
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