At the end of any year a car is worth 5% less than what it was worth at the beginning of the year . If a car was worth $10000 in January 2014 , then it's value in December 2014 was
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Answer:
5500$
Step-by-step explanation:
New Car value =Original Car value-(Rate of depreciation*original car value)
=10000-5%(10000)
=10000-500
=5500$
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