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Your parents bought a car in 2012 at the price of P1.2 million. The value of your car will depreciate over the years due to
Your parents bought a car in 2012 at the price of P1.2 million. The value of your car will depreciate over the years due to use. Thus, in 2015 your car is valued at Php900,000. What will be your car's worth in 2018? In what year, approximately, will your car just be worth Php200,000?
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