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The resale value V of a piece of industrial equipment declines continuously at an annual rate of 6.5% , If the original value of the

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The resale value V of a piece of industrial equipment declines continuously at an annual rate of 6.5% , If the original value of the piece of equipment was OMR 180000. How long does it take for the resale value of the asset to reach 40 percent of its original value? Select one: O 14.1 years 0 12.4 years O 10.5 years O 9.12 years

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