VIP Limo depreciates all of its limousines at the rate of 12.5 percent per year. No limousines were purchased during…

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VIP Limo depreciates all of its limousines at the rate of 12.5 percent per year. No limousines were purchased during…

VIP Limo depreciates all of its limousines at the rate of 12.5 percent per year. No limousines were purchased during the year. If the accumulated depreciation limo is 35,000 what is the depreciation?

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