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suppose a new car is purchased for $42,357 and depreciates by 21% over the first year of ownership. If the car is driven 12,270 miles

suppose a new car is purchased for $42,357 and depreciates by 21% over the first year of ownership. If the car is driven 12,270 miles that year, what is the cost, in dollars per 100 miles driven, for depreciation? Round to the nearest cent.

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