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A new car is purchased for $47,000 and over time its value depreciates by one half
every 4.5 years. What is the value of the car 23 years after it was purchased, to the
nearest hundred dollars?

Respuesta :

Answer:

$1,500

Step-by-step explanation:

Divide the 23 years into 4.5, then take the $47,000 given and reduce it by 1/2 depending on the answer, then round.

In this case: divide 23 into 4.5. The result ends in 5.1. Reduce the $47,000 by 1/2 five times to get your result, the round it tp the nearest 100.

Hope this helps! :)

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