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A product costing £35,000 has been depreciated as follows;  12% in the first ye...

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A product costing £35,000 has been depreciated as follows; 

  • 12% in the first year 
  • 8% for the next 6 years 
  • 5% thereafter

What is it's value after ten years, correct to the nearest pound with no £ sign? 

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