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Harold just bought a brand new car for $34,500, and he has been told by the dealer that in 4 years, it will be worth $19,900. Harold is wondering how much the car will depreciate year by year during that time and what it will be worth each year.

How much will the car depreciate during the first year that Harold owns it? How much will the car be worth after 1 year?

Posted in Algebra, asked by t, 2 years ago. 676 hits.
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