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A new car depreciates an average of 22% in its first year of use. If the car was worth $16,000 when it was new, what will the car be worth after 1 year?
16 years ago

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Reiny
it lost 22% of its value, so wouldn't 78% be left over?
so 16000(.78) = .....
16 years ago
12480
12480
10 years ago

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