2. You have bought a car for $50,000. You were so excited. However, you then found out that the car you bought decreases in value by 8% each year. You finally decide to sell your car after 7 years. How much will your car be worth after 7 years? Explicit: а. а, b. r = с. f(п) d. f( ) =

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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2. You have bought a car for $50,000. You were so excited. However, you then found out
that the car you bought decreases in value by 8% each year. You finally decide to sell
your car after 7 years. How much will your car be worth after 7 years?
Explicit:
а. а,
b. r =
с. f(п)
d. f(
) =
Transcribed Image Text:2. You have bought a car for $50,000. You were so excited. However, you then found out that the car you bought decreases in value by 8% each year. You finally decide to sell your car after 7 years. How much will your car be worth after 7 years? Explicit: а. а, b. r = с. f(п) d. f( ) =
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