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Sarah buys a car for £7100. It depreciates at a rate of 1% per year. How many years will it take to be worth less than £6500?

Sarah buys a car for £7100. It depreciates at a rate of 1% per year. How many years will it take to be worth less than £6500?
asked 76.2k views
16 votes
Sarah buys a car for £7100.

It depreciates at a rate of 1% per year.
How many years will it take to be worth less than £6500?

asked
User Alireza Yazdandoost
by
8.9k points

1 Answer

7 votes

Answer:

9 Years

Explanation:

answered
User Bakkal
by
8.3k points
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