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16-11-2017
Mathematics

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A BMW that cost $71,000 in 2003 depreciates in value about 15% a year. How much was it worth in 2013?

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wuzzleluver wuzzleluver

17-11-2017

100-15= 85%

2013-2003= 10 years

$71,000 * (0.85^10yrs)= $13,978.08

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