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A new car is purchased for 17000 dollars. The value of the car depreciates at 12.25% per year. What will the value of the car
A new car is purchased for 17000 dollars. The value of the car depreciates at 12.25% per year. What will the value of the car be, to the nearest cent, after 14 years?
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Quantitative Financial Risk Management
Authors: Constantin Zopounidis, Emilios Galariotis
1st Edition
1118738187, 978-1118738184
