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OpenStudy (anonymous):
The original value of a car is $22,000, and it depreciates (loses value) by 15% each year. What is the value of the car after three years?
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OpenStudy (smileyxl3):
22000*.15=3300 18700 after 1 year 18700*.15=2805 15895 after 2 years 15895*.15=2384.25 13510.75 after 3 years
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