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  • 11-03-2024
  • Mathematics
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A new car sells for $27,300. It exponentially depreciates at a rate of 6.1% to $22,100. How long did it take for the car to depreciate to this amount? Round your answer to the nearest tenth of a year.
a) 3.4 years
b) 4.2 years
c) 4.9 years
d) 5.6 years

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