How much will car be worth in five years

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Problem 1: If the population of the world right now is 7.1 billion people and the world has an annual growth rate of 1.1% per year. What will the worlds population be in 20.4 years?

Problem 2: If you purchase a used car for $43593 this year and the average deprecation rate of a vehicle is 10% per year. How much will car be worth in 5.0 years?

Reference no: EM132953628

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