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A transport company purchased a truck for $78,000. The company depreciated the truck at the end of each year at the rate of11% of its

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A transport company purchased a truck for $78,000. The company depreciated the truck at the end of each year at the rate of11% of its current vatue. What is the value 01 the truck at the end of the flh yea The value of the truck at the end of the h year is $ (Round to the nearest cent as needed.)

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