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The annual rate of depreciation, x, on a car that was purchased for $9,000 and is worth $4,500 after 5 years can be found using the following equation:

log (1 minus x) = one-fifth log (startFraction 4500 Over 9000)

Graph a system of equations to approximate the value of x, the rate of depreciation. Give your answer as a percent.

about 4%

about 13%

about 1.2%

cannot be determined