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23 March, 14:52

An asset is purchased for $100,000. What is the value after the first three years using a depreciation rate of 5%? A. $12,500 B. $14,262.50 C. $85,737.50 D. $98,507.49

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  1. 23 March, 15:45
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    A=100,000 * (1-0.05) ^ (3)

    A=85,737.5
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