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Frank bought a used car 6 years ago for $15,772. He paid $1,996 for auto insurance, $4,154 for gasoline, and $3,220 for maintenance and repair
Frank bought a used car 6 years ago for $15,772. He paid $1,996 for auto insurance, $4,154 for gasoline, and $3,220 for maintenance and repair during that time. He sold the car today for $7,513. What was his average monthly depreciation? [Do NOT enter the "$" in the answer. Use 2 decimal places.]
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