Julio bought a new car in the year 2010 for 47,000. The car is expected to lose 9% of it value each year. How much is Julios car worth now in the year 2021

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...
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Julio bought a new car in the year 2010 for 47,000. The car is expected to lose 9% of it value each year. How much is Julios car worth now in the year 2021
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