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Depreciation: It is determined that the value of a piece of machinery declines exponentially. A machine that was purchased 5 years ago for $65,000 is

Depreciation: It is determined that the value of a piece of machinery declines exponentially. A machine that was purchased 5 years ago for $65,000 is worth $35,000 today. What will be the value of the machine 5 years from now? answer should be $18,846

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