Question: A vehicle purchased for $ 2 7 , 5 0 0 depreciates at a constant rate of 7 % per year. Determine the approximate value

A vehicle purchased for $27,500 depreciates at a constant rate of 7% per year. Determine the approximate value of the vehicle 14 years after purchase. Round to the nearest whole dollar.
A vehicle purchased for $27,500 depreciates at a constant rate of

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