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The manufacturer's suggested retail price (MSRP) for a particular car is $24,770, and it is expected to be worth $10,940 in 5years. (a) What is

The manufacturer's suggested retail price (MSRP) for a particular car is

$24,770, and it is expected to be worth $10,940 in 5years.

(a) What is the linear depreciation function for this car? (b) Estimate the value of the car 8 years from now. (c) At what rate is the car depreciating?

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