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Lilith purchased a lawn mower for $4,415. It depreciates 1.7% each year. What is the value of the lawn mower after five years?
 Mar 16, 2012
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Billy:

Lilith purchased a lawn mower for $4,415. It depreciates 1.7% each year. What is the value of the lawn mower after five years?



[input]4415*(1-0.017)^5[/input]
 Mar 17, 2012

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