On January 1, 2010, Lucita bought a car for $25,000. If the car depreciates at a rate of 15% per year, which equation can be used to find the value of the car on January 1, 2018?

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Modeling with Sequences and Series — Unit test

On January 1, 2010, Lucita bought a car for $25,000. If the car depreciates at a rate of 15% per year, which equation can be used to find the value of the car on January 1, 2018?

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