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Mathematics, 03.02.2020 04:44 midsky

This purchased a car for $22900.00. the car depreciated at an annual rate of 16%. which of the following equations model the value of thi's car after 5 years?

a=22900(1.16)^5
a=22900(0.16)^5
a=16(22900)^5
a=22900(0.84)^5

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