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Mathematics, 30.04.2021 05:40 stussydaniel

11. The moment you drive yout new car off the lot, it begins to depreciate in value. You buy a 2013 Ford Escape SUV for $ 26,000. It depreciates at an annual rate of 15 percent. In how many years will the car be worth less than $ 5000. Show your equation and your steps to solve this, as well as your answer.

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