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Juarez Mining purchased a vein of coal ore for $3,500,000. It is estimated that 25,000,000 tons of ore are available to be extracted. The estimated

Juarez Mining purchased a vein of coal ore for $3,500,000. It is estimated that 25,000,000 tons of ore are available to be extracted. The estimated depletion rate for each ton of ore (rounded to the nearest cent) is:

A. $0.14. B. $0.15. C. $0.13. D. $1.40.

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