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1 April, 06:52

A car is purchased for $ 36,000. Each year it loses 20 % of its value. After how many years will the car be worth $ 14,900 or less?

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Answers (2)
  1. 1 April, 07:13
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    after 3 years it will be 14,900 dollars or less
  2. 1 April, 09:08
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    In many years the car will worth less because $36,000 divided by 20% = 1.8 I hope this is right and, if it is not then oh well.
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