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Mathematics, 23.03.2020 04:17 salinae

A new car is purchased for $50,000 and over time it’s value depreciates by one half every 5 years. What is the value of the car 7 years after it was purchased, to the nearest hundred dollars?

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A new car is purchased for $50,000 and over time it’s value depreciates by one half every 5 years. W...
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