Karen is buying a Mini Cooper. It is costing her 34,500. As soon as she drives it off the lot, the car will depreciate at the rate of 5% pe

Question

Karen is buying a Mini Cooper. It is costing her 34,500. As soon as she drives it off the lot, the car will depreciate at the rate of 5% per month. Write an equation to reflect the value of Karen’s car.

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Quinn 4 weeks 2021-09-26T15:48:34+00:00 1 Answer 0

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    2021-09-26T15:49:53+00:00

    The value is :
    34500 * 0.95^m
    where m is how many months passed.

    If 5% is lost, 95% remains.

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45:7+7-4:2-5:5*4+35:2 =? ( )