SOLUTION: Shannon buys a car for $33,500. The car depreciates in value by 15% pere year. How long will it take the car to decline below $15,000 in value?
F. 8 years
G. 7 years
H. 6 year
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Question 137751: Shannon buys a car for $33,500. The car depreciates in value by 15% pere year. How long will it take the car to decline below $15,000 in value?
F. 8 years
G. 7 years
H. 6 years
J. 5 years
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
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The closest answer is J. 5 years.
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