At the end of 1st year it depreciates by 15%, so it reduces by 100% - 15% = 85%
At the end of 2nd year it depreciates by 15% again, so it reduces by 100% - 15% = 85%
At the end of 3rd year it depreciates by 15% again, so it reduces by 100% - 15% = 85%
Net Value = 22000 * 0.85 * 0.85 * 0.85 = 13510.75
Value after three years = $13 510.75
The answer is 5/9
Hope this helps
Answer:
,n n,
Step-by-step explanation:
Answer:
Step-by-step explanation:
Since 
and 
are equal, we can set them equal to each other:
Substitute 
to solve for :
Steps to solve:
8j - k + 14; j = 0.25 and k = 1
~Substitute
8(0.25) - (1) + 14
~Simplify
2 - 1 + 14
~Subtract
1 + 14
~Add
15
Best of Luck!
