The answer is 95. Hope this helps!
Answer:
C
Step-by-step explanation:
Taking the equation for this we can see that A is using 8 to multiply. 8% = 0.08. But since the percent is increases it would be 1.08. So we can see that it cant be A, this applys for B as well. For D it says 1.8 which is close but that would be 80% not 8%. So now we can see that C is the answer.
Answer: 5 years
Step-by-step explanation:
A= P(1-r)^t
A= Depreciation value
P = Initial amount
r= rate = 7/100= 0.07
t= time
t= (Ln(A/P))/Ln(1-r)
= (Ln(25949.18/37300))/Ln(1-0.07)
t= 4.999 approximately 5 years
