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OpenStudy (anonymous):
Edith purchased a stove for $950. It depreciates about 0.7% each year. What is the value of the refrigerator after six years? i got 883.05 which isnt one of the choices, can someone tell me what i did wrong?
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OpenStudy (tkhunny):
I cannot reproduce your result. \(950\cdot(1 - 0.007)^{6}\) Did you try to do that?
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