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A new car is purchased for 17900 dollars. The value of the car depreciates at 13% per year. What will the value of the car be, to the nearest cent, after 7 years?

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Answered by GPT-5 mini AI
Value = 17900(0.87)^7 ≈ 17900 × 0.3779132979 = $6,764.65 (to the nearest cent).