Chris purchased a used car for $19,700. The car depreciates exponentially by 10% per year. How much

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Chris purchased a used car for $19,700. The car depreciates exponentially by 10% per year. How much will the car be worth after 6 years? Round your answer to the nearest penny.

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Question Posted: Apr 14, 2016 04:50 AM

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Chris purchased a used car for $19,700. The car depreciates exponentially by 10% per year. How much

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Financial Algebra advanced algebra with financial applications

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