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How much was Melissa purchase price

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Question - CNBC reported that one in five consumers who purchase bitcoin do so using their credit card. Melissa Gamez purchased a used RV with 19,700 miles for $47,600. Originally the RV sold for $73,500 with a residual value of $20,700. After subtracting the residual value, depreciation allowance per mile was $0.93. How much was Melissa's purchase price over or below the book value?

Reference no: EM132482854

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