An automobile purchased for $34,800 is worth $8550 after 7

Chapter 1, Problem 26

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Use Polya’s four-step method in problem solving to solve Exercises 9–40.An automobile purchased for $34,800 is worth $8550 after 7 years. Assuming that the car’s value depreciated steadily from year to year, what was it worth at the end of the third year?

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