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The annual rate of depreciation, x, on a car that was purchased for $9,000 and is worth $4,500 after 5 years can be found using the following equation:
log (1 minus x) = one-fifth log (startFraction 4500 Over 9000)
Graph a system of equations to approximate the value of x, the rate of depreciation. Give your answer as a percent.
about 4%
about 13%
about 1.2%
cannot be determined
Sagot :
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