SOLUTION: I have a car that is worth $11,795. It depreciated by 30% in the first year. What was the original value of the car?
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Question 894356: I have a car that is worth $11,795. It depreciated by 30% in the first year. What was the original value of the car?
Answer by fcabanski(1391) (Show Source): You can put this solution on YOUR website!
Call the original value x.
x(1-.30) = x(.7) = 11795
x = 11795/.7 = 16850
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