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23 January, 17:30

11. Jessica invested $18820 to buy a new car for her business. How many years would it take for

this car to depreciate to $4520? Assume declining-balance method of depreciation with a rate

of depreciation of 30%. (Answer to the nearest year.)

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  1. 23 January, 18:28
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    Answer : after four years the price of car depreciate
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