A vehicle purchased for $25000 depreciates at a constant rate of 4%. Determine the approximate value of the vehicle 15 years after purchase. Round to the nearest whole number.
A vehicle purchased for $25000 depreciates at a constant rate of 4%. Determine the approximate value of the vehicle 15 years after purchase. Round to the nearest whole number.
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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