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Mathematics, 14.07.2020 20:01 joree

Juan is purchasing a brand new Ford Mustang that costs $38,500. The car depreciates 12% annually. Which equation below can be used to determine the value of the car 5 years later? Y=38500(0.12)^x
Y=38500(0.88)^x
Y=38500(12)^x
Y=38500(1.12)^x

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