Let’s assume you bought a new car with Tk. 3,500,000. The car depreciates in value by 40% after thefirst year, 20% after the second year, and 10% after the third year onward. What is the average rateof depreciation per year after three years? Therefore, what will be the value of the car after threeyears of use? Question 7Let's assume you bought a new car with Tk. 3,500,000. The car depreciates in value by 40% after thefirst year, 20% after the second year, and 10% after the third year onward. What is the average rateof depreciation per year after three years? Therefore, what will be the value of the car after threeyears of use?

Given , Initial value = 3,500,000 After first year depreciation = 40% After second year…

Answered: Let’s assume you bought a new car with…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter5: Inverse, Exponential, And Logarithmic Functions

Section5.3: The Natural Exponential Function

Problem 5E

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Let’s assume you bought a new car with Tk. 3,500,000. The car depreciates in value by 40% after the
first year, 20% after the second year, and 10% after the third year onward. What is the average rate
of depreciation per year after three years? Therefore, what will be the value of the car after three
years of use?

Question 7
Let's assume you bought a new car with Tk. 3,500,000. The car depreciates in value by 40% after the
first year, 20% after the second year, and 10% after the third year onward. What is the average rate
of depreciation per year after three years? Therefore, what will be the value of the car after three
years of use?

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