Answered: A car retail store reduces prices by 15…

A car retail store reduces prices by 15 percent each year until the cars are sold. What will a $190000 car sell for in 7 years? O A. $60709.60 O B. $60909.60 OC. $60609.60 D. $60809.60

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter4: The Market Forces Of Supply And Demand

Section: Chapter Questions

Problem 9QR

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Question

202
-2021 Bahar
A car retail store reduces prices by 15 percent each year until the cars are sold. What will a $190000 car sell for in 7
years?
O A. $60709.60
O B. $60909.60
OC. $60609.60
O D. $60809.60
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Sonraki sayfa

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