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Mathematics, 02.06.2021 19:40 cutie777

Ray bought a stereo for $1500 which depreciates at 6% per year. It was stolen 5 years later. The insurance covers the stereo, but there is a $300 deductible. How much will Ray get for the stereo?

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Ray bought a stereo for $1500 which depreciates at 6% per year. It was stolen 5 years later. The ins...

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