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Daniel's print shop purchased a new printer for $35,000. Each year it depreciated at a rate of 5%. What will it's approximate value be at the end of the fourth year?

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Answer:

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Answer:

$28,507.72

Step-by-step explanation:

y=35000 (1- .05)^4

y=35000 (.95)^4

y=35000(.81451)

y=28507

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