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A Bicycle That Was Purchased For $150\$ 150 Depreciates to a Value Of

Question 14

Multiple Choice

A bicycle that was purchased for $150\$ 150 depreciates to a value of $128\$ 128 after one year. Assuming that depreciation is linear estimate the bicycle s value after 5 years.


A) $ 108108
B) $ 5555
C) $ 125125
D) $ 100100
E) $ 4040

Correct Answer:

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