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Mathematics 41 Online
OpenStudy (anonymous):

The value of a property declines every year by 6%. Presently, its value is $118,000. What will be its value 5 years from now?

OpenStudy (anonymous):

118,000(1-.06)^5 = 118,000(.94)^5=86600.67 rounded.

OpenStudy (anonymous):

correct answer

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thanks

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u r welcome

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