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A new car is purchased for 16500 dollars. The value of the car depreciates at 5.75% per year. What will the value of the car be, to the nearest cent, after 5 years?

Respuesta :

Answer:

$12271.99

Step-by-step explanation:

please give me brainliest, this took FOREVER

1 year... 16,500- 948.75 = 15,551.25

2 year... 15,551.25- 894.20= 14,657.05

3 year... 14,657.05- 842.78= 13,815.05

4 year... 13,815.05- 794.37= 13020.68

5 year... 13020.68- 748.69= 12271.99

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