You were really close :D
The mistake you made is that 44 - 36 is 8, not 6.
Using 8 instead, the answer is:
This can be solve by using the formula
D = P( 1 – i)^n
Where d is the depreciation value after n years
P is the initial value
i is the depreciation rate
n is the years
D = 1/3 ( 1800)
D = 600
So
600 = 1800 ( 1- 0.45)^n
Solve for n
<span>N = 1.83 years</span>
Answer:
The percentage decrease is 27%
Step-by-step explanation:
To find the percent decrease, first find the difference in the two costs.
$205,000 - $149,650 = $55,350
Now divide that number by the original cost.
$55,350/$205,000 = 27%
Answer:
180
Step-by-step explanation:
Answer:
the answer would be 12
Step-by-step explanation: