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OpenStudy (anonymous):
Algebra Help!! Two word problems!! Please help!!
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OpenStudy (anonymous):
A $5,400.00 principal earns 6% interest, compounded annually. After 8 years, what is the balance in the account?
OpenStudy (anonymous):
A car costs $22,188.00 and depreciates in value by 15% per year. How much will the car be worth after 4 years?
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Please explain how you got the answer.
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