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The roof of Norms home is damaged in a hail storm. The current cost to replace the roof is $18,055. At the time of the

The roof of Norms home is damaged in a hail storm. The current cost to replace the roof is $18,055. At the time of the damage, the roof is 13 years old with an expected life of 27 years. What is the depreciation on the roof? Calculate to two decimal points.

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