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What was the purchase price of the copy machine?
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For income tax purposes, the owner of Copy Services uses a method called straight-line depreciation to show the loss in value of a copy machine he recently purchased. He assumes that he can use the machine for 7 years. The following graph shows the value of the machine over the years. Use this graph to answer Exercises 89 through 94. What was the purchase price of the copy machine?
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Office Technology Pyro-Tech, Inc. is upgrading office technology by purchasing inkjet printers, LCD monitors, and additional memory chips. The total number of pieces of hardware purchased is 46. The cost of each inkjet printer is $109, the cost of each LD monitor is $129, and the cost of each memory chip is $89. The total amount of money spent on new hardware came to $4774. They purchased two times as many memory chips as they did LCD monitors. Determine the number of each that was purchased. Source: Nathan Borchelt.
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