Question

PLEASE HELP ASAP!!! CORRECT ANSWER ONLY PLEASE!!!

Answer 1

Answer:

$18.750

Step-by-step explanation:

Answer 2

Answer:  B) $11,093

Step-by-step explanation:

$\text{The formula for depreciation is: }\\EV=P(1-r)^t\\\\\bullet EV=expected\ value\\\bullet P=principal\ \text{(original value)}\\\bullet r=rate\ of\ depreciation\\\bullet t=time\ \text{(in years)}\\\\\\\text{The given values are: }\\\bullet P=\ 25,000\\\bullet r=15\%\quad (0.15)\\\bullet t=5\\\\\\EV=25,5000(1-0.15)^5\\.\quad =25,000(0.85)^5\\.\quad =25,000(0.443705)\\.\quad =\large\boxed{11,092.63}$