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On the same day, Devin bought a car for $40,000 that would then decrease in value by $1200 per year, and Anita purchased

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On the same day, Devin bought a car for $40,000 that would then decrease in value by $1200 per year, and Anita purchased

by Gmat_mission » Sun May 10, 2020 1:50 pm

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On the same day, Devin bought a car for $40,000 that would then decrease in value by $1200 per year, and Anita purchased a piece of real estate for $6,000 that would then increase in value by $500 per year. After how many years will Anita’s land be worth as much as Devin’s car?

A. 17
B. 18
C. 19
D. 20
E. 21

[spoiler]OA=D[/spoiler]

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