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A car was valued at $33,000 in the year 1992. The value depreciated to $14,000 by the A) What was the annual rate of

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A car was valued at $33,000 in the year 1992. The value depreciated to $14,000 by the A) What was the annual rate of change between 1992 and 2001? T= Round the rate of decrease to 4 decimal places. B) What is the correct answer to part A written in percentage form? T= %. year 2001. C) Assume that the car value continues to drop by the same percentage. What will the value be in the year 2006 ? value = $ Round to the nearest 50 dollars.

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