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The value of a new photocopier is $8894. Its value depreciates by 26% in the first year, 21% in the second year and 16% reducing

The value of a new photocopier is $8894. Its value depreciates by 26% in the first year, 21% in the second year and 16% reducing balance in the remaining 7 years. The value of the photocopier after this time, to the nearest dollar, is:

$1534
$1851
$2624
$3000
$3504

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