Mathematics, 02.03.2021 09:10, wytchnia

In the year 2001, a person bought a new car for $15500. For each consecutive year after that, the value of the car depreciated by 5%. How much would the car be worth in the year 2005, to the nearest hundred dollars?

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In the year 2001, a person bought a new car for $15500. For each consecutive year after that, the va...