A caterpillar is currently valued at 70,35000 if its loses 12% of its value at the beginning of each year, find its value after
three and half years, find the depreciation after 3years
1 answer:
Answer:
4080300-after 3 and half years
=4794155.52-depreciation
Step-by-step explanation:
12%of 70,35000
12/100×70,35000×3.5=
2954700
70,35000-2954700=4080300
D=P(1-12÷100)³
7035000(1-12÷100)³
=4794155.52
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