Mathematics, 04.05.2021 21:10 jack487
James bought a new car 4 years ago for $21.450. After 1 year, the car's value had depreciated to $17,589. After 2 years, its value had depreciated to $14,422.98.
Today, James received an offer of $8,500 to sell his car.
Assuming the car kept depreciating at the same rate, should James accept?
1. Yes, James should accept the offer since his car is worth $7.952.37 today.
2. No, James should not accept the offer since his car is worth $9.698.01 today.
3. Yes, James should accept the offer since his car is only worth $6.006.00 today
4. No, James should not accept the offer since his car is worth $3,861.00 today.
5. There is not enough information to answer this question
Answers: 3
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James bought a new car 4 years ago for $21.450. After 1 year, the car's value had depreciated to $17...
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