Mathematics, 06.07.2021 15:10, tdahna0403

A new car sells for $25,000. The value of the car decreases by 15% each year. What is the approximate value of the car 5 years after it is purchased? 25,000 (1 minus 0.15) Superscript 5, or approximately $11,093 25,000 minus 1500 (5), or approximately $17,500 25,000 (0.15) Superscript 5, or approximately $18,984 25,000 minus left-bracket (100 minus 15) (5) Right-bracket, or approximately $24,575

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A new car sells for $25,000. The value of the car decreases by 15% each year. What is the approximat...