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A car is purchased for $17,500. After each year, the resale value decreases by 20%. What will the resale value be after 5 years? Use t
Question
A car is purchased for $17,500. After each year, the resale value decreases by 20%. What will the resale value be after 5 years?
Use the calculator provided and round your answer to the nearest dollar.
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4 years
2021-09-03T19:18:01+00:00
2021-09-03T19:18:01+00:00 1 Answers
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Answer:
17,500*20%= 3,500 of decrease each year by 5 (3,500×5) 17,500
17,500-17,500= o resale value
Step-by-step explanation: