Tina Cole is a certified financial adviser. She purchased equipment for her office for $8,843. The trade-in value of the equipment is estimated to be $450 after 7 years of use. Using the straight-line method, what is the annual depreciation to the nearest cent?
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Home » Mathematics » Tina Cole is a certified financial adviser. She purchased equipment for her office for $8,843. The trade-in value of the equipment is estimated to be $450 after 7 years of use.