Answer:
4 5/6
Step-by-step explanation:
The fraction you have is 58 square feet /12 hour how many times does 12 go into 58 it goes into 58 evenly 4 times 4*12=48
58/12 - 48/12 = 10/12 which can be reduced to 5/6 because 2 goes into 10 and 12 evenly
Initial cost of the jet ski = $925
Percentage of depreciation per year = 15%
Number of years after which the cost of the jetski has to be determined = 7
Then
Depreciated Value = Initial cost( 1 - percentage of depreciation) ^number of years
= 925( 1 - 15%)^7
= 925( 1 - 15/100)^7
= 925(1 - 0.15)^7
= 925(0.85)^7
= 925 *(0.85)^7
= 925 * 0.3206
= 296.53 dollars
So the depreciated cost of the jet ski after 7 years will be $296.53
Okay I'm not too sure on this but I believe it is the third one.
I hope this helps!!
