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The value of a car is depreciating at a rate of 5% per year. In 2015, the car was worth $32,000. Find the value of the car in 2018.

The value of a car is depreciating at a rate of 5% per year. In 2015, the car was worth $32,000. Find the value of the car in 2018.
asked 77.5k views
5 votes
The value of a car is depreciating

at a rate of 5% per year. In 2015,
the car was worth $32,000. Find
the value of the car in 2018.

asked
User Anqi Lu
by
8.2k points

1 Answer

5 votes
32,000 x 3

96,000

Answer: 96,000
answered
User LIvanov
by
9.3k points
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