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fgiga [73]
2 years ago
8

A new car is purchased for 17000 dollars. The value of the car depreciates at 13.5% per year. What will the value of the car be,

to the nearest cent, after 12 years?
Help Asap I need help with math.
Mathematics
2 answers:
cupoosta [38]2 years ago
7 0

Answer:

$2,982.92

Step-by-step explanation:

Assuming straight depreciation of the asset without double declining and other accounting jargon all that needs to be done is an equation like this:

17000 * (1 - 0.135)^12 = 2982.92

(Hope this helps)

coldgirl [10]2 years ago
3 0

Answer:

$2,982.92

Step-by-step explanation:

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