The price of a car depreciates by 15% each year. Find the price of a car after two years that is currently worth 50000 Rials

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CT: Chapter Test
Problem 14CT
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The price of a car depreciates by 15% each year. Find
the price of a car after two years that is currently
worth 50000 Rials
Transcribed Image Text:The price of a car depreciates by 15% each year. Find the price of a car after two years that is currently worth 50000 Rials
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