Question

The value of a semi-trailer when new is $625 000. The value of the semi-trailer depreciates by

Answer 1

Answer:

$546,875

Step-by-step explanation:

if the trailer brand new costs $625,000 and decreases by 12.5% you want to find 10% which is $62,500. then you want to find 5% which would be $31,250. but you want 2.5% so you need to divide $31,250 by 2 which is $15,625. add $62,500 and $15,625 together which is $78,125. then do $625,000-$78,625 which gets you $546,875.