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1 markPaper 1 · Multiple choiceAppreciation and Depreciation

CSEC Mathematics · January 2014 · Paper 1 · Question Q22

A car presently valued at \$12 000 depreciates at the rate of 10% per annum. What will be the value of the car one year later?

  1. (A)\$10 800
  2. (B)\$11 800
  3. (C)\$11 880
  4. (D)\$13 200

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