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noname [10]
4 years ago
8

A $25,000 purchase decreases 12% in value per year. Determine the values of the purchase after 3 years and after 7 years.

Mathematics
2 answers:
ziro4ka [17]4 years ago
7 0
After the 3 years, the depreciation amount is $2,323.20 and the value is $17,036.80
After the 7 years, the depreciation amount is $1,393.22 and the value is $10,217.05

choli [55]4 years ago
4 0
Use Socratic or slider
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