Lejune14371 Lejune14371
  • 06-03-2024
  • Business
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Karen purchased a used vehicle that depreciates under a straight-line method. The initial value of the car is $4000, and the salvage value is $400. If the car is expected to have a useful life of another 6 years, how much will it depreciate each year?
a) $500
b) $600
c) $700
d) $1000

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