Mathematics, 16.12.2019 08:31 kevinseven23
Anew car was valued at $28,000, and it's value depreciated to $14,000 over the next 3 years. use the exponential equation for depreciation to answer the following questions. a) what was the annual percent rate of depreciation, to 2 decimal places? your answer will be a positive number. r r = %. b) assume that the car value continues to drop by the same percentage. what will the value of the car be when the car is 10 years old? value = $ round to the nearest dollar.
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