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Mathematics, 26.10.2020 22:50 impura12713

A car was bought in February 1, 2015 for $25,000, and its value depreciates by 1.5% every single month. The value of the car m months since February 1, 2015 is given by the formula V(m)=25,000(0.985)m. Find the value of the car on June 1, 2017. Round your answer to the nearest cent.

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