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Advanced Financial Algebra
Practice Exam
Question 3
3
practice exam
Multiple Choice
Practice Exam
Question 3 • Advanced Financial Algebra
A digital camera bought for school yearbook purposes costs $600 and is expected to depreciate to $100 over 5 years. What is the book value of the camera after 2 years?
Answer
A
$360
B
$480
C
$200
D
$400
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