Answer:
Step-by-step explanation:
Given data
P= 45,000
rate= 18%
Recall the expression for the compound interest
Since we are talking of depreciation
Substitute
Hence the exponential function is
Solving expression we get
Step-by-step explanation:
We need to solve the expression:
Solving:
Multiplying 5 with terms inside the bracket:
So, Solving expression we get
Keywords: Solving Expressions
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364.5 because 9 to the third power is 729. 729 divided by 2 is 364.5