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Mathematics
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A new car worth $24,000 is depreciating in value by $3000 per year. After how manywill the car's  value be $9000

Jan 26th, 2015

please note that, using your numerical data, you have to solve this equation below:

24000-n*3000=9000,

where n is the number of years, so, dividing both sides by 3000, we have:

8-n=3

from which, n=5

Jan 26th, 2015

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