Question: A car was valued at $38,000 in the year 2007. By 2013, the value had depreciated to $11,000 If the cars value continues to drop

A car was valued at $38,000 in the year 2007. By 2013, the value had depreciated to $11,000 If the car’s value continues to drop by the same percentage, what will it be worth by 2017?

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