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Mathematics, 20.10.2020 21:01 jaygamer37

You purchase a car in 2010 for $25,000. The value of the car decreases by 14% annually. Describe and correct the error in finding the value of the car in 2015. v(t) = 25,000(1.14)^x
v(5) = 25,000(1.14)^5 = 48,135
The value of the car in 2015 is about $48,000.

Part A: Describe the error

Part B: Correct the error

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Answers: 1

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