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OpenStudy (anonymous):
Elektra purchased microwave for $450. It depreciates about 0.6% each year. What is the value of the microwave after eight years?
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OpenStudy (anonymous):
0.006*450 is depreciation for one year, so multiply that by 8 And then take that value of the $450
OpenStudy (anonymous):
450-(8*(450/100*0.6)) = 428.4
OpenStudy (anonymous):
Thank you so much!!
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