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A Car Purchased for $28,000 Is Expected to Depreciate According $y = - 1550 x + 28,000$

Question 208

Multiple Choice

A car purchased for $28,000 is expected to depreciate according to the formula $y = - 1550 x + 28,000$ . When will the car have no value?

A) 18.1 years
B) 28 years
C) 17.1 years
D) 19.1 years

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