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Mrs. Herring buys a car for $28,750 and the value of the car decreases at 12.5% each year. How much is her car worth after 5 years?

Respuesta :

nevaehjcolon

Answer:

$14,746.13

Step-by-step explanation:

28,750(1-.125)^x

The reason why it is .125 instead of 12.5 is beacuse you have to move the decimal over.

and you will get the answer of $14,746.13

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