Find the amount that should be set aside today to yield the desired future amount. Round to the nearest cent.
A. $12,250.19
B. $13,799.76
C. $12,246.65
D. $753.35
Answer: C
Mathematics
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B. 
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A car purchased for $16,320 is expected to depreciate according to the formula 
, x represents years. When will the car be worthless?
?
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What will be an ideal response?
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