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Mathematics, 21.07.2020 21:01 Nowellkwaku

An equation for the depreciation of a car is given by y= A(1 – ), where y= current value of the car. A = original cost, = rate of depreciation, and t = time, in years. The current value of a car is 512282.50. The car originally cost $20.000
and depreciates at a rate of 15% per year. How old is the car?
1
o 3 years
1
3 years
3 years
4 years

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