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It is known that the present worth of salvage value of a car at the end of its 10th year is $2,070. What was the
It is known that the present worth of salvage value of a car at the end of its 10th year is $2,070.
What was the purchase price of the car if its depreciation rate is 20% and MARR is 10%?
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Microeconomics Theory And Applications With Calculus
Authors: Jeffrey M. Perloff
4th Edition
134167384, 134167381, 978-0134167381
