Question

WILL MARK AS BRAINLIEST

Answer 1

Answer: The value of the stove after 5 years  is $1121.54

Step-by-step explanation:

Given: The price of stove A=  $1150

The price depreciates about 0.5% each year.

In decimal the rate of depreciation r= 0.005

The value of the stove after x years is given by

$P=A(1-r)^x$

The value of the stove after 5 years is given by

$P=1150(1-0.005)^5\\=1150(0.995)^5\\=1150(0.975248)\\=1121.5360$

Hence, The value of the stove after 5 years is $1121.54.