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?
2 answers:
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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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
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Answer:
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Step-by-step explanation:
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Answer:
672
Step-by-step explanation:
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