Compounded depreciation formula:
A = P(1 - r)ⁿ , where P = original price, r= rate of depreciation, n = number of years and A = actual value (after depreciation):
A= $8000(1 - 11%)⁵ = 8000(0.89)⁵ = 4,467.24 ≈$4,467
Answer:
$54
Step-by-step explanation:
36 divided by 2= 18
$36+$18=$54
Answer:
alright, where's the fraction?
