Suppose it is estimated that the value of a car depreciates 30% per year for the first 10 years. The equation yields the value (A) of a car after t years if the original price is Po. Find the value (to the nearest dollar) of $10,000 car after 4 years. 

A. $2,401
B. $1,201
C. $5,522
D. $1,601
E. $4,802


Answer: A

Mathematics

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