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Mathematics 8 Online
OpenStudy (anonymous):

the original value of a car is $15,000, and it depreciates by 20% each year. what is the value of the car after three years?

OpenStudy (anonymous):

Y = A (1-r) ^x is the formula you need to use for this. Plus in what you know: Y = current price of car A = original price of car r = depreciation rate x = how old in years the car is. When you plug it in, your formula will look like this: |dw:1394673026382:dw|

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