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QUESTION
A new car is purchased for 20700 dollars. The value of the car depreciates at 13.75% per year. What will the value of the car be, to the nearest cent, after 12 years?
A new car is purchased for 20700 dollars. The value of the car depreciates at 13.75% per year. What will the value of the car be, to the nearest cent, after 12 years?
