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Mike purchases a new jet ski at $7, 200. After researching online, he discovers that his new jet ski will depreciate by 4.5 %

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Mike purchases a new jet ski at $7, 200. After researching online, he discovers that his new jet ski will depreciate by 4.5 % each year. Write a value formula (V) to show the depreciation of Mike's jet ski after t years. V ===

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