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A car costing INR 725,000 depreciates by 16% per annum during the 1st year then by 13.5% per annum for the next 3 years then
A car costing INR 725,000 depreciates by 16% per annum during the 1st year then by 13.5% per annum for the next 3 years then by 9.5% per annum for the next 2 years and thereafter by 6% per annum. What would be the value of the car after 8 years?
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