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What is the value of the dishwasher after seven years

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Problem 1: Eileen purchased a dishwasher for $750. It depreciates about 0.9% each year. What is the value of the dishwasher after seven years?

1) $798.55

2) $743.25

3) $746.07

4) $704.01

Reference no: EM132773178

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