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OpenStudy (anonymous):
Please help? Leticia purchased a lawn mower for $5,935. It depreciates 1.3% each year. What is the value of the lawn mower after eight years?
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OpenStudy (luigi0210):
Use this: A=P(1-r)^t
OpenStudy (anonymous):
I'm not good with the formula can you help me?
OpenStudy (luigi0210):
A=total amount P=Principle amount r=rate of decrease t=time
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