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Suppose that your car straight line depreciates monthly over time. You know that after 12 months your car was worth $24,600. According to an online car value calculator, after 23 months, your car is now worth $21,850. How much does the car depreciate each month?

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eleanordewfall

Answer:

The car’s depreciates by $250 per month.

Step-by-step explanation:

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