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July 28, 2015

Homework Help: Math

Posted by Leah on Sunday, March 9, 2014 at 8:21pm.

A company replaces their cars every 6 years. A car is worth $13520 after 2 years. The company uses a depreciation rate of 35% a year.

a) How much will the car be worth when the company replaces it?
b) How much did the car cost when it was purchased?

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