Mathematics, 23.10.2019 20:00 magicalforlife
Sam bought a used car for $8,000. he boasted that he got a great deal since the value of the car two years ago
(when it was new) was $15,000. his friend, derek, was skeptical, stating that the value of a car typically depreciates
about 25% per year, so sam got a bad deal.
a. use derek’s logic to write a formula for the value of sam’s car. use t for the total age of the car in years.
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An alternative to car buying is to make monthly payments for a period of time, and then return the vehicle to the dealer, or purchase it. this is called
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Sam bought a used car for $8,000. he boasted that he got a great deal since the value of the car two...
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