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It is determined that the value of a piece of machinery declines exponentially. A machine that was purchased 7 years ago for $62000 is worth

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It is determined that the value of a piece of machinery declines exponentially. A machine that was purchased 7 years ago for $62000 is worth $38000 today. What will be the value of the machine 4 years from now? Round your answer to the nearest cent. Answer E Keypad How to enter your answer (opens in new window) Keyboard Shortcuts

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