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Mathematics, 09.12.2021 07:30 madpanda55

You buy a car for $1,700,000 and insure it with a company that depreciates the value by 15% at the end of each year. Calculate the value of your car 4 years from when it was purchased using the formula A= (P-1)^t.

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You buy a car for $1,700,000 and insure it with a company that depreciates the value by 15% at the e...
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