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OpenStudy (anonymous):
The value of a property declines every year by 3%. Presently, its value is $540,000. What will be its value 2 years from now?
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OpenStudy (anonymous):
This is an exponential decay problem. 1 - r 1 - 0.03 0.97 ab^t $540,000 (0.97)^2 = $508,086
OpenStudy (dumbcow):
yep :)
OpenStudy (anonymous):
thanks
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