Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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Consider the constant rate of depreciation value of a certain car. You bought a car amounting to 1.5 million. After 2 years, the value decreased to 1.2 million. If the amount of the car is directly proportional to the constant rate of decay in amount and such decrease in amount continues at the same rate, then how much is the estimated value of the car after 10 years?
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