A car was valued at $35,000 in the year 1991. The value depreciated to $13,000...

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A car was valued at $35,000 in the year 1991. The value depreciated to $13,000 by the year 2006.A) What was the annual rate of change between 1991 and 2006?r= Round the rate of decrease to 4 decimal places.B) What is the correct answer to part A written in percentage form?r= %.C) Assume that the car value continues to drop by the same percentage. What will the value be inthe year 2011?value = $ Round to the nearest 50 dollars.

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