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OAR (Officer Aptitude Rating) Test

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A $20,000 car loses value every year until only the metal and components are left. Which of the following equations can accurately be used to calculate the car's value at T years after purchase if it takes the car 15 years to lose all value other than the metal and parts, and the metal and parts are worth $755?
Correct Answer:
-1283 + 20,000

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