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bubba1999
bubba1999 bubba1999
  • 04-11-2015
  • Mathematics
Answered

Jane Marko buys a car for $11,400.00. In three years, the car depreciates 48% in value. How much is the car worth in three years?

Verified Answer :

W0lf93
W0lf93 W0lf93
  • 14-05-2017

So we want to know what price will the car have after three years if the value of the car depricated for 48% and the initial value of the car is 11400$. So if the value of the car depricates by 48% that means new value is 52% of the initial value. So 0.52*11400$=5928$.

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