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The equation V=15200(0.93) t V=15200 (0.93)t represents the value (in dollars) of a car t years after its purchase

The Equation V15200093 T V15200 093t Represents The Value In Dollars Of A Car T Years After Its Purchase class=
The Equation V15200093 T V15200 093t Represents The Value In Dollars Of A Car T Years After Its Purchase class=

Sagot :

We will have the following:

[We can see a constant compound of the decrease in price]

The value of this car is decreasing at a rate of 7 percent.

The purchase price of the car was 15 200 dollars.

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