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5) A car is purchased for $35 000. It decreases in value by 12% each year. a. Determine an equation for value (V) of the

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5) A car is purchased for $35 000. It decreases in value by 12% each year. a. Determine an equation for value (V) of the car over time (t) in years it is owned. Equation: b. How much will the car be worth after 5 years? Calculations

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