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Solve the given problems by use of an appropriate sequence

Question: Solve the given problems by use of an appropriate sequence or expansion. All numbers are accurate to at least two significant digits.

A machine that costs $8600 depreciates 1.0% in value each month. What is its value 5 years after it was purchased?

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Mathematics: Solve the given problems by use of an appropriate sequence

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Mathematics: Solve the given problems by use of an appropriate sequence

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