Mathematics, 14.04.2021 16:10, alicat20

In 2016, Dave bought a new car for $15,500. The current value of the car is $8,400. At what annual rate did the car depreciate in value? Express your answer as a percent (round to two digits between decimal and percent sign such as .%). Use the formula A(t)=P(1±r)t

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In 2016, Dave bought a new car for $15,500. The current value of the car is $8,400. At what annual r...