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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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