In 1995 you purchased some land for $8000.
The value of the land depreciates by 4%
every year...
Mathematics, 26.03.2021 21:10 paras29
In 1995 you purchased some land for $8000.
The value of the land depreciates by 4%
every year. Use an exponential decay
function to find the approximate value of the
land in 2002. Use y = a(1-r)
A. $5760
B. $5771
C. $6012
D. $6262
Answers: 2
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