document.write( "Question 162950: Please help me with this problem. I am not sure what formula to use!\r
\n" ); document.write( "\n" ); document.write( "A particular car is purchased for $28,400. A year later the car is worth only $26,000. If the value of the car depreciates at the same rate, determine the value of the car when it's nine years old.\r
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\n" ); document.write( "\n" ); document.write( "Thank you!
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Algebra.Com's Answer #120166 by jojo14344(1513)\"\" \"About 
You can put this solution on YOUR website!

\n" ); document.write( "It clearly shpws the depreciation as:
\n" ); document.write( "\"28400-%2826000%29=2400%2Fyear\"
\n" ); document.write( "So in 9 years: \"9cross%28yrs%29%2A%282400%2Fcross%28yr%29%29=21600\" AMOUNT IT DEPRECIATED
\n" ); document.write( "Therefore,
\n" ); document.write( "\"28400-21600=highlight%286800%29\", VALUE after 9 years.
\n" ); document.write( "Thank you,
\n" ); document.write( "Jojo
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