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Alexus [3.1K]
3 years ago
7

daniel’s print shop purchased a new printer for 35,000 each year it depreciates at a rate of 5% how much will the printer be wor

th in 8 years
Mathematics
1 answer:
frutty [35]3 years ago
4 0

Answer:

$23,219.72

Step-by-step explanation:

ab^x

a: initial value

b: value remaining after depreciation per year (in percentage)

x: number of years that have passed

35000(0.95)^8= 23219.7151

Round to the nearest hundredth value:

About $23219.72

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