Answer:
4400
Step-by-step explanation:
<h2><u>SIMPLE INTEREST </u></h2>
depreciates at a rate of 11% a year.
means it makes use of SIMPLE INTEREST!
simple interest formula is :
PRT / 100
where :
p is the principal
r is the rate on interest
t is the number of years.
(8000*11*5 ) / 100
=4400
