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A transport company purchased a truck for $ 8 2 , 0 0 0 . The company depreciated the truck at the end of each

A transport company purchased a truck for $82,000. The company depreciated the truck at the end of each year at the rate of 11% of its current value. What is the value of the truck at the end of the
fifth year?
The value of the truck at the end of the fifth year is $
(Round to the nearest cent as needed.)
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