3. Jenfay bought a car for $28 000. Her car depreciates by 38% every year. How much will her car be worth in 5 years?

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section: Chapter Questions
Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
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3. Jenfay bought a car for $28 000. Her car depreciates by 38% every year. How much will her car
be worth in 5 years?
Transcribed Image Text:3. Jenfay bought a car for $28 000. Her car depreciates by 38% every year. How much will her car be worth in 5 years?
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