Mathematics, 19.04.2021 17:10, getsic

Cardania bought a car for $12,000 ten years ago, and it has been depreciating (decreasing in value) at a rate of 8% per year since she drove it off the showroom floor. How much is the car worth today (10 years after her purchase)?

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Cardania bought a car for $12,000 ten years ago, and it has been depreciating (decreasing in value)...