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You paid $10,000 for a car whose value is depreciating by 10% per year, compounded annually. Assuming that this trend continues, how much would your
You paid $10,000 for a car whose value is depreciating by 10% per year, compounded annually. Assuming that this trend continues, how much would your car be worth after 3 years? Round your answer to two decimal places if rounding is necessary. There is a $ sign already written next to the answer box, so do not type a $ sign in your answer
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