# A tractor costs $15,450 and depreciates in value by 14% per year. How much will the tractor be worth after 3 years ? a. $22,889.85 b. $9,827.07 c. $15,408.00 d. $8,451.28

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A=15,450×(1−0.14)^(3) A=9,827.07

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(1) Answers

A=15,450×(1−0.14)^(3) A=9,827.07

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