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Mathematics 41 Online
OpenStudy (anonymous):

The original value of a car is $15,000, and it depreciates (loses value) by 20% each year. What is the value of the car after three years? A. $120 B. $9, 600 C. $44, 280 D. $7, 680

OpenStudy (math&ing001):

If the car has the same value the first year then it only loses value for 2 years so i guess: 15000*(1-0.2)^2=$9600 if it depreciates for the first year too then: 15000*(1-0.2)^3=$7680

OpenStudy (anonymous):

thank you! :)

OpenStudy (math&ing001):

you're welcome :)

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