Answer:
FV= $669.11
Step-by-step explanation:
Giving the following information:
Purchase price (PV)= $800
Decrease value (d)= 1.5% per year
Number of periods (n)= 12 years
<u>To calculate the value of the card after 12 years, we need to use the following formula:</u>
FV= PV / (1 + d)^n
FV= 800 / (1.015^12)
FV= $669.11
Answer:
Step-by-step explanation:
I belive it is a .
Answer:
Here is the ans..hope it helps:)