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OpenStudy (anonymous):
The value of a new car depreciates at a rate of 12% per year. Write an equation to represent the approximate value of a car purchased for $23 000.
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OpenStudy (anonymous):
a=$23000(1-0.12)^t? is this the right answer?
OpenStudy (anonymous):
A= $23000(1-0.12)^0 A= $23000
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