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18 May, 20:19

Lawrence purchased a used vehicle that depreciates under a straight-line method. The initial value of the car is $4500, and the salvage value is $500. If the car is expected to have a useful life of another 5 years, how much will it depreciate each year?

A. $1000

B. $5000

C. $500

D. $800

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  1. 18 May, 21:03
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    (4,500-500) : 5=800

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