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A new car is purchased for $14,000 and over value depreciates by one half
every 7 years. What is the value of the car 26 years after it was purchased, to the
nearest hundred dollars?

Respuesta :

Answer: $1,800

Value at 7 years of age: $7,000

Value at 14 years of age: $3,500

Value at 21 years of age: $1,750

Round to nearest hundred dollars

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