A township buys a new asphalt road paver. The paver costs $50,500. The value of the paver decreases each year after purchase.

Question

A township buys a new asphalt road paver. The paver costs $50,500. The value of the paver decreases each year after purchase. Eventually, it decreases so much in value that it can only be sold for $2,500 for parts.

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