In the following exercise, assume straight-line depreciation.
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A word processor costs $555.00 when new and is expected to be worth $45.00 after 6 years. What will it be worth after 4 years? Round your answer to the nearest cent.
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A. $555.00
B. $300.00
C. $215.00
D. $45.00
E. $510.00


Answer: C

Mathematics

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