hannah1405
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PLEASE HELP! WILL GIVE BRAINLIEST!
"a piece of machinery valued at $175,000 depreciates at 10% per year by the fixed rate method. After 12 years, what is the value of the machinery?"

Respuesta :

cairde

Answer:

$49425.1688842

Step-by-step explanation:

Use formula: v=c*(p^t), where v is the price now, c is the cost price, p is the 100-the depreciation percentage and t is the time/years passed)

0.9¹²(175000)

0.28242953648(175000)

49425.1688842

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