OrianaNoelle OrianaNoelle

19-03-2018
Mathematics

contestada

a car purchased in 2014 was worth $21,000. It has depreciated at an annual rate of 8.5%. What will its value be in 2021? round answer to the nearest penny

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eddygil1311 eddygil1311

19-03-2018

First, subtract 2021-2014=7.
Multiply 8.5 x 7= 0.595.
Then, multiply 21,000 x 0.595= 12,495

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holsteinlover102 holsteinlover102

19-03-2018

the answer would be 8505.00 dollars

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