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Mathematics 9 Online
amayaruby33:

A new commercial oven is worth $24,000 when you buy it. The oven depreciates in 12 years. You pay $5,000 down, get $5,000 for trade-in restaurant equipment, and you make monthly payments of $83.00. When do you start paying more for the oven than it is worth?

Eiwoh2:

What do you think would be the first step in solving this?

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