breanafarquharson breanafarquharson

11-12-2020
Mathematics

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Mohamed purchased a car for $30,000. It deprecates by 25% of its current value every year. How much will the car be worth 3 years after it is purchased?

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tristonpmclaughlin tristonpmclaughlin

11-12-2020

Answer:

$12,656.25

Step-by-step explanation:

year 1: 30,000-25%=22,500

year 2: 25,000-25%=16,875

year 3: 16,875-25%=12,656.25

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