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Ricardo paid $33,643 for a new car. If the market value declines by 19% annually, how much will the car be worth in 4 years?

Ricardo paid $33,643 for a new car. If the market value declines by 19% annually, how much will the car be worth in 4 years?

a)$27,250.83

b)$8,074.32

c)$14,482.21

d)$25,568.68

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