Daniel's print shop purchased a new printer for $35,000. Each year it depreciated at a rate of 5%. What will it's approximate va

Question

irina [24]

3 years ago

12

Daniel's print shop purchased a new printer for $35,000. Each year it depreciated at a rate of 5%. What will it's approximate va

lue be at the end of the fourth year?

Mathematics

2 answers:

mote1985 [20] · Answer 1 · 2022-07-08T05:48:06+03:00

mote1985 [20]3 years ago

8 0

Answer:

$28,507.72

Step-by-step explanation:

y=35000 (1- .05)^4

y=35000 (.95)^4

y=35000(.81451)

y=28507

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kompoz [17] · Answer 2 · 2022-07-08T03:42:44+03:00

kompoz [17]3 years ago

5 0

Answer:

28,000

Step-by-step explanation:

do 5% times 4% and you will get 20% and then change 20% to a decimal and multiply 0.20 times 35,000 and you should get 7000 then subtract 35,000 - 7000 and you should get 28,000