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Maths Puzzle
Profit and Loss
Each year a car depreciates to about 0.8 of its value teh year before. What was the original value of a car that is worth $16,000 at the end of 3 years?
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- $ 31250
If original value=x,then
x*(0.8)(0.8)(0.8)=16000 or x*(0.8)^3=16000, x=31250 - 10 years agoHelpfull: Yes(1) No(0)
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